ScottishPower and Drax strike asset deal to align with UK energy transition

摘要

ScottishPower is claiming to have become the first vertically integrated energy company in the UK to exit thermal power generation after agreeing to sell a package of assets to Drax Group for GBP 702 million (USD 928 million), although the Iberdrola-controlled company will retain a gas storage facility and land where a combined cycle gas turbine (CCGT) was planned.