# 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.

- Type: Acquisition
- Announced: 2020-12-15
- Where: Blackburn Mill, Damhead Creek, Rye House, Shoreham, United Kingdom
- Status: announced
- Capacity: 3.3 GW
- Products: combined cycle gas turbines
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Vitol](https://endata.com/companies/51890.md) (acquirer)
- [Drax Smart Generation](https://endata.com/companies/51891.md) (target)

## Sources

- [reuters.com](https://www.reuters.com/article/business/vitol-agrees-to-buy-four-combined-cycle-gas-turbines-from-drax-idUSKBN28P192/), 2020-12-15: "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."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.