Drax Group plc

Drax Group plc

DRX.L
Drax Group plcGB flagLondon Stock Exchange
632.50
GBp
-9.00
(-1.40%)
Capital Structure

in mil. unless spec.
Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Mr. Dwight Daniel Willard Gardiner
Full Time Employees
3,551
Sector
Utilities
Industry
Renewable Utilities
Address
Drax Power Station Selby United Kingdom YO8 8PH
IPO Date
Dec 15, 2005
Website
drax.com
Similar Companies
Business
Drax Group plc, together with its subsidiaries, engages in renewable power generation in the United Kingdom. The company operates through three segments: Generation, Customers, and Pellet Production. The Generation segment provides renewable, dispatchable power, and system support services to the electricity grid. The Customers segment offers non-generation system support and energy management services. The Pellet Production segment provides low carbon fuel. The company owns and operates Drax Power Station with an installed capacity of 2,000 megawatts (MW) located in Selby, North Yorkshire; Cruachan Power Station, a pumped hydro storage station, with an installed capacity of 440 MW located in Argyll and Bute, and Lanark and Galloway hydro-electric power stations with an installed capacity of 126 MW located in southwest Scotland. In addition, the company owns and operates Daldowie fuel plant that processes sludge, a plant that converts it into dry low-odour fuel pellets. Further, it manufactures and sells compressed wood pellets; and supplies renewable electricity. Drax Group plc was incorporated in 2005 and is based in Selby, the United Kingdom.