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

Drax Group has completed the acquisition of Bluefield Solar Income Fund, a renewable energy business in the United Kingdom, for $755,000,000. Bluefield Solar Income Fund is a UK-listed solar-focused investment company that targets utility-scale solar, wind, and storage assets on greenfield and industrial or commercial sites to generate long-term stable dividends. Drax Group acquisitions expand its clean power generation footprint by adding an operational portfolio across solar, wind, and battery storage to support UK renewable energy acquisition and energy M&A objectives. The platform acquisition is announced and structured as a strategic acquisition by a strategic buyer, with deal value at $755 million and an expected integration aimed at improving asset performance and operational efficiency.