



Tractebel Engineering
June 7, 2013
BY Anna Simet
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Drax is pleased to announce that it has signed an agreement to acquire Flexitricity Ltd., a U.K.-based optimizer of flexible energy assets, from Quinbrook. The transaction is expected to close during the first quarter of 2026.
Drax on Feb. 3 announced plans to adapt its organizational structure to its evolving business. The company is launching a consulting process that could result in the reduction of more than 350 employees in the U.K. and U.S.
Takuma Corp. on Jan. 22 announced Yonezawa Bioenergy LLC’s 7.1-megawatt (MW) biomass power plant in Yonezawa City, Yamagata Prefecture, Japan is now operational. Yonenawa is a joint venture between Takuma and Iwahori Construction Co. Ltd.
SAF producer XCF Global Inc. and DevvStream Corp., a caron management and environmental asset monetization firm, on Jan. 26 announced that they have agreed to a binding term sheet to combine Southern Energy Renewables Inc. in a three-party merger.
Drax Group plc on Jan. 26 announced the launch of its Biomass Tracker, a new digital tool that provides greater visibility into the journey our woody biomass takes through the company’s global supply chain.