Drax Completes Acquisition of Pinnacle Renewable Energy Inc
VANCOUVER, British Columbia, April 13, 2021 (GLOBE NEWSWIRE) -- Pinnacle Renewable Energy Inc., the Canada-based international supplier of sustainable bioenergy pellets, and British energy company Drax...
Drax to Acquire Pinnacle Renewable Energy – a Major Canada-Based International Supplier of Sustainable Biomass Fuel
SELBY, United Kingdom, Feb. 08, 2021 (GLOBE NEWSWIRE) -- British energy company Drax has agreed to acquire Pinnacle at a price of C$11.30 per share, valuing Pinnacle at C$385 million.