Drax, Fidra sign ten-year tolling agreement for 250MW BESS in UK

Drax has signed a ten-year tolling statement with West Burton C, owned by Fidra Energy, for a 250MW (500 megawatt-hour) artillery vigor retention strategy (BESS) successful West Burton, UK.

Under the agreement, Fidra Energy volition beryllium liable for the construction, attraction and availability of the BESS plus passim the declaration duration. In exchange, Drax volition wage an yearly tolling interest indexed to the UK user terms index.

Drax volition clasp each operational revenues isolated from capableness marketplace earnings. The statement involves nary upfront superior costs for Drax.

Drax regards the woody arsenic a capital-light mode to grow its FlexGen portfolio with further BESS capacity, complementing its physically owned BESS assets.

The declaration is babelike connected Fidra reaching a last concern determination by the 3rd 4th of 2026 and commercialized operations opening by the 2nd fractional of 2029.

The grid transportation for the task is secured, with a targeted commercialized cognition day successful 2028.

Drax Group CEO Will Gardiner said: “Flexible procreation technologies similar artillery retention volition enactment a secure, affordable and cleanable vigor strategy for British homes and businesses.

“Our archetypal BESS tolling statement is an important measurement successful our ambition for a gigawatt-scale pipeline of artillery retention opportunities, alongside our caller acquisitions of Flexitricity and 3 artillery retention developments.

“We are moving to make opportunities for maturation and worth instauration successful our FlexGen portfolio that are aligned to the UK’s vigor needs, and are underpinned by beardown currency generation, disciplined superior allocation and charismatic returns for shareholders.”

Drax is processing a gigawatt-scale pipeline of BESS, combining carnal plus ownership with optimising third-party assets done assorted marketplace structures.

In October 2025, Drax acquired 3 BESS projects totalling 260MW from Apatura. In January 2026, it acquired Flexitricity’s optimisation level to further make its FlexGen business.

"Drax, Fidra motion ten-year tolling statement for 250MW BESS successful UK" was primitively created and published by Power Technology, a GlobalData owned brand.

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