DEAL IN LINE WITH DRAX’S STRAT­EGY

Yorkshire Post - Business - - FRONT PAGE -

Andy Koss, chief ex­ec­u­tive of Drax Power, said that the ac­qui­si­tion was “very much in line” with its strat­egy of de­liv­er­ing “lower car­bon, lower cost en­ergy”.

He added: “It’s a crit­i­cal time for the UK power sec­tor as it tran­si­tions into a low car­bon and more flex­i­ble sys­tem.”

The ac­qui­si­tion wouldn’t re­sult in job losses, Drax said, with around 260 trans­fer­ring from Scot­tish Power to Drax. Mr Koss said that sup­port func­tions at these as­sets aren’t cur­rently cov­ered and there­fore there maybe more jobs added in the fu­ture. Drax cur­rently has 900 staff at its site in Selby.

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.