FCA closes investigation into Drax over biomass sourcing
The Financial Conduct Authority closed its investigation into Drax on Thursday, finding no evidence of misleading statements regarding biomass sourcing. Shares of Drax rose 1.2% following the decision, which followed an almost 10-month review. The FCA determined that Drax's annual reports did not contain misleading information that would justify further action.
Summary by OZbrief Editorial · The Guardian Australia – Business · Source
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Published 18 Jun 2026, 08:13 UTC · Updated 18 Jun 2026, 08:40 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections
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