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Drax Group

Asked by Sir Oliver DowdenConservativeDepartment for Energy Security and Net ZeroTabled Answered 20 July 2026UIN 17770

The question

To ask the Secretary of State for Energy Security and Net Zero, further to Question 14369, whether he will place in the Library details of (a) the dates and participants of any meetings and (b) any written correspondence between his Department and the Financial Conduct Authority referring to its investigation into Drax Group plc during the last six months.

Answered by Michael Shanks

The Financial Conduct Authority (FCA) provided the link to their online press statement on 18 June, confirming that their investigation had concluded and no further action would be taken. The Department has had no other correspondence with the FCA on this matter, nor have any meetings taken place with the FCA.

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