Vitol agrees to buy four CCGTs from Drax Smart Generation

Energy trader Vitol, via its subsidiary VPI Holdings, agreed to acquire four combined cycle gas turbines in Britain from Drax Smart Generation, adding 3.3 GW of CCGT capacity.

“The acquisition made via its subsidiary VPI Holdings, once complete by Jan. 31 next year, will turn the firm into one of Britain's biggest CCGT operators.”reuters.com

• 1 source
• reuters.comVitol agrees to buy four combined cycle gas turbines from DraxDec 15, 2020

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