Drax Group plc Drax Group plc is a renewable energy company engaged in sustainable biomass pellet production, renewable power generation from biomass, hydro-electric and pumped hydro storage assets, and the sale of renewable electricity to businesses. The company operates through Pellet Production, Biomass Generation, Flexible Generation, and Energy Solutions segments; it manufactures compressed wood pellets at facilities across the United States and Canada for its own use and customers in Europe and Asia, generates renewable electricity primarily at Drax Power Station in England supplemented by Cruachan Power Station and hydro-electric schemes in Scotland, and provides renewable power, electrification services including electric vehicle fleet support and electric asset management, smart meters, and power purchase agreements to approximately 9,000 UK businesses and over 2,300 small-scale generators. Founded in 2005 and headquartered at Drax Power Station in Selby, North Yorkshire, United Kingdom, Drax employs over 3,200 people across the UK, US, Canada, and Japan, with global operations focused on decarbonization through bioenergy supply chains and development of bioenergy with carbon capture and storage (BECCS) via its Elimini subsidiary launched in 2024. Recent developments include the October 2025 agreement to acquire three battery energy storage system projects totaling 260MW from Apatura Limited for £157.2 million, with completions expected in 2025-2026 and an option on eight additional sites (289MW); a November 2025 low-carbon dispatchable Contracts for Difference agreement covering all four biomass units at Drax Power Station; ongoing Cruachan Expansion and £100 million refurbishments at Cruachan and Glenlee hydro sites following the 2019 acquisition of ScottishPower hydro assets; and expansion of its pellet production capacity toward 5.4 million tonnes annually across 18 sites.