Drax sells UK wood pellet distribution subsidiary to Billington Bioenergy [From the web]
YORKSHIRE, England, Oct. 25, 2017 (Insider Media) -Energy giant Drax has agreed the sale of one of its subsidiaries, a wood pellet distributor, for £2m to an AIM-listed energy company.
Billington Bioenergy (BBE), a distributor of wood pellets in the UK heating market, has been acquired by Aggregated Micro Power Holdings (AMPH).
AMPH is an AIM-listed energy company specializing in the sale of wood fuels and the development of distributed energy assets, including biomass boilers and battery storage.
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