Drax Takes Hit on Biomass Projects in Canada, UK as Profit Falls

Bloomberg · Feb 26, 2026 · Collected from RSS

Summary

Drax Group Plc full year profits slumped as it booked impairments on its Canadian biomass pellets business and UK carbon capture project.

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Drax Takes Hit on Biomass Projects in Canada, UK as Profit Falls

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Bloombergabout 2 hours ago
Erste Says Interest Income to Top €11 Billion After Poland Deal
Erste Group Bank AG said its net interest income may exceed analyst expectations this year after its €7 billion ($8.3 billion) deal to enter the Polish market.

Bloombergabout 2 hours ago
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Construction and building materials companies in Europe dealing with a struggling housing market and weak industrial activity are pivoting to the one area that is booming right now: data centers.

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