Bluefield Solar Income Acquired by Drax | Energy M&A Deal

Drax has acquired Bluefield Solar Income, a renewable energy business in the UK, for about $548 million. Drax acquisitions target solar power assets and income-focused infrastructure exposure through Bluefield Solar Income’s UK solar portfolio. The strategic acquisition supports Drax’s renewable energy acquisition strategy and expands its energy M&A footprint in solar generation. This merger acquisition is a strategic acquisition by Drax, with deal size over $100 million and an announced status; terms value the offer at roughly £548 million.