FCA closes investigation into Drax over biomass sourcing
المصدر: The Guardian World | Source: The Guardian WorldRegulator launched inquiry amid concerns that firm made misleading statements about origins of wood pellets
The City watchdog has closed an investigation into the power generator Drax, after an almost 10-month review into the sourcing of wood pellets for its biomass power station.
The Financial Conduct Authority said it had “reviewed thousands of pages” but that it “did not find evidence that justified any further action”.
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This article was originally published by The Guardian World. Khabr is a licensed Jordanian AI-powered news platform (Registration #82086). We add editorial value through: AI-powered news analysis, automated summaries, AI audio narration, multi-language translation (Arabic, English, French, Turkish), and AI fact-checking. Our mission is to make news more accessible and understandable for Arabic-speaking audiences worldwide.
