BUZZ-Drax buys Louisiana wood pellet assets for $35.4 mln
April 26 (Reuters) - ** Drax says has completed acquisition of nearly all of the assets of Louisiana Pellets for $35.4 million following a court hearing approving an auction result
** The assets will add around 450,000 tonnes a year of biomass pellet capacity to Drax' business and will feed its biomass power plant in Britain
** The Louisiana Pellets plant is set to return to service by early 2018 following an upgrade, Drax said