Drax completes acquisition of Pinnacle Renewable Energy
British energy company Drax, which owns the world’s largest biomass power station, located in the United Kingdom and wood [...]
April 15, 2021
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Shareholders approve Drax acquisition of Pinnacle
Pinnacle Renewable Energy Inc. and Drax Group plc. on March 31 each announced shareholder approval for the planned acquisition of [...]
April 5, 2021
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UK’s Drax to acquire Canadian wood pellet producer Pinnacle
UK utility Drax has signed an agreement to acquire Canadian wood pellet producer Pinnacle Renewable Energy for C$385mn (£226mn [...]
February 9, 2021
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Pinnacle starts pellet production at its new facility in High Level, Alberta
Pinnacle Renewable Energy has started initial pellet production at its newly-constructed facility in High Level, Alberta, which is owned [...]
December 9, 2020
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Canadian Pinnacle doesn’t expect wood pellet demand to be affected by coronavirus
From an economic perspective, Pinnacle does not expect demand for pellets to be impacted as the company has long-term [...]
March 24, 2020
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Pinnacle and Tolko partner to build a new industrial wood pellet production facility in Canada
Pinnacle Renewable Holdings entered into a limited partnership agreement with Tolko Industries Ltd. to build a new industrial wood pellet [...]
November 20, 2019
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Pinnacle announces new pellet delivery contracts in Japan and South Korea
Pinnacle will supply a total of 210,000 metric tons of industrial wood pellets to Japan and South Korea. [...]
July 17, 2019
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Pinnacle and Tolko to build a new wood pellet production facility
The facility is expected to have a run-rate production capacity of 170,000 to 200,000 metric tons per [...]
July 8, 2019
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Pinnacle Renewable Energy suspended production at wood pellet plant in Alberta
Pinnacle Renewable Energy announced that operations at its wood pellet production facility in Entwistle, Alberta, Canada, have been temporarily suspended [...]
February 22, 2019
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Pinnacle posts record wood pellet volumes in Q3 report
Canadian wood pellet producer Pinnacle Renewable Energy increased its third-quarter revenues 6.4 per cent compared to 2017 numbers [...]
November 8, 2018
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