Bluefield Solar draws £548 million bid from Drax

High-yielding renewable energy infrastructure fund Bluefield Solar Income (LON:BSIF) soared after accepting a £548 million all cash bid from Drax (LON:DRX). The offer price sits below Bluefield Solar’s last reported net asset value (NAV). However, it represents a 31% premium to the undisturbed share price back in November, before Bluefield Solar put itself up for … Continue reading Bluefield Solar draws £548 million bid from Drax