Drax Group, the world-leading sustainable biomass production and supply company, has started construction on the second of three satellite pellet plants in Arkansas, the company announced Friday. Work is underway at the site in Russellville (Pope County) with commercial operations…
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United Kingdom
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Drax Group Building Three Wood Pellet Plants in Arkansas
by Tyler Haleby Tyler HaleA United Kingdom-based power company is developing three pellet plants in Arkansas with plans to begin construction one in Grant County. Drax Group, a renewable energy company that has interests in sustainable biomass, hydro-electric power and hydro-storage, is planning to…
- AMP NewsBusiness
Walmart Sells Majority Stake in U.K.-Based Grocery Chain Asda
by Tyler Haleby Tyler HaleWalmart is selling its United Kingdom grocery business Asda to a consortium of private investors in a deal that values the business at 6.8 billion pounds or $8.8 billion. TDR Capital, a UK-based private equity firm, and UK entrepreneurs Mohsin…