Drax Group completed the acquisition of Flexitricity for £36m.

Drax Group, a renewable energy company engaged in renewable and flexible power generation and sales to business customers, agreed to acquire Flexitricity, a UK-based optimiser of flexible energy assets, for £36m. "Adding Flexitricity's expertise and capability which uses AI and advanced machine learning software, delivered via their proprietary platform, supports our options for growth, particularly in our plans for a GW scale BESS portfolio as a part of our FlexGen business, while continuing to provide energy security to the UK power system and delivering new energy services for our customers," Will Gardiner, Drax Group CEO.