J.P. Morgan: Drax cash-flow potential underappreciated by investors
J.P. Morgan analysts say investors are underestimating Drax’s cash-flow potential, after the company raised its 2026 outlook following its acquisition of Bluefield Solar Income Fund completed July 31.
P. Morgan analysts Pavan Mahbubani and Mukund Verma said the market is underestimating the cash flow potential of renewable power generator Drax. The company raised its 2026 outlook after completing its 561 million pound acquisition of Bluefield Solar Income Fund on July 31. Drax said it anticipates…