Drax Group acquires Flexitricity
Drax Group agreed to acquire Flexitricity. Reported deal value: £36M. Status: Pending. Sector: Energy. Target headquarters context: Edinburgh, Midlothian, United Kingdom.
This page summarizes publicly available information about the transaction as of 2026-01-21. Figures and status may change as filings and press coverage update.
Credit: iStock Acquisition set to bolster energy giant position in the fast-growing energy storage and flexible grid sectors Energy giant Drax has inked a deal to acquire Edinburgh -based energy optimisation company Flexitricity in a £ 42m deal designed to bolster the company growing pipeline of battery energy storage system
Deal timeline
This transaction is classified in Energy with a reported deal value of £36M. Figures and status may change as sources update.