• Drax signs £157.2m deal with battery storage developer Apatura

    Drax signs £157.2m deal with battery storage developer Apatura

    BESS developer Apatura has signed an agreement with renewable energy company Drax Group, who will initially acquire three battery energy storage system (“BESS”) projects located in Scotland and Northern England. Drax will pay a fixed cash amount of £157.2 million to Apatura, payable as staged payments between 2025 and 2028 according to Apatura’s delivery of the projects.…