Drax Group plans to establish a new independent business that aims to become a leader in large-scale carbon removal.
The business will be operationally separate within the Drax Group and headquartered in Houston.
The unit will have responsibility for project execution including project development, delivery and marketing and sales of CDR credits and power and deployment of the Group’s multi-billion-dollar global BECCS capex programme.
It will be led by Laurie Fitzmaurice, a senior energy infrastructure expert, who has nearly 30 years’ experience in business development, most recently for Amazon Web Services.
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