Drax to acquire ONCAP-backed Pinnacle for C$831m

Pinnacle Renewable Energy, a Vancouver-based producer of industrial wood pellets, has agreed to be acquired by an affiliate of British electrical power generation company Drax Group.

ByIris Dorbian

8 February 2021•6 mins read

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Deals Canada North America Energy / oil & gas Natural Resources Briefs

Drax to acquire ONCAP-backed Pinnacle for C$831m

Onex

Osler, Hoskin & Harcourt LLP

RBC Capital Markets

Slaughter and May

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