Drax Group plc
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.- CEO
- Dwight Daniel Willard Gardiner
- Full Time Employees
- 2,974
- Sector
- Utilities
- Industry
- Renewable Utilities
- Address
- Drax Power Station Selby NY United Kingdom YO8 8PH
- IPO Date
- May 22, 2013
- Website
- drax.com
- Similar Companies
- Business
- Drax Group plc (LSE: DRX; OTC: DRXGF) is a leading power generation company focused on sustainable biomass energy production and carbon capture technologies. The company operates multiple biomass-fired power stations in the United Kingdom that generate renewable electricity for the national grid; it also provides customer energy supply services to businesses and households through tailored flexible contracts and renewable power purchase agreements. In addition, Drax develops and commercializes bioenergy with carbon capture and storage (BECCS) solutions, including pioneering projects at its Selby site, and explores negative emissions technologies to support net-zero goals. Founded in 2005 and headquartered in Selby, North Yorkshire, UK, Drax serves primarily the UK energy market with operations centered in England. Recent developments include a strategic partnership with Mitsubishi Heavy Industries in 2024 to advance BECCS deployment; a £10.5 million UK government grant in early 2025 for carbon capture pilots; and the launch of expanded battery storage initiatives at its power stations to enhance grid flexibility amid the energy transition.
UK's Drax to buy Bluefield Solar Income Fund in $755 million deal
Drax Group plc (DRXGY) Q4 2025 Earnings Call Transcript
UK's power firm Drax Group says it could cut over 10% jobs
Drax Group plc (DRXGF) Q2 2025 Earnings Call Transcript
Drax Group gets bullish appraisal from JP Morgan analysts
Drax Group plc (DRXGF) Q4 2024 Earnings Call Transcript
Drax Group plc (DRXGF) Full Year 2023 Results Earnings Call Transcript
Drax Group shares up 6% on the back of a 'solid' set of prelims
Drax posts 66% jump in annual profit, raises dividend
Ex-Rolls-Royce boss East joins carbon capture startup working with Drax Group
Drax, Vistry and Nokia among 110 European companies at largest discounts to US peers
Drax Group plc (DRXGF) Q2 2023 Earnings Call Transcript
Could Drax Group be the world's largest carbon removal companies, asks Barclays?
Drax US projects ‘highly attractive' – broker
Drax 'confident' in biomass reporting as Ofgem opens investigation
Drax gets another buy recommendation, this time from Jefferies
Drax Group: Govt's Green Day kicked the down the road, says US bank
Drax demands more subsidies, raises energy security threat
Budget good for Drax, BAE Systems and Babcock, but disappointing for offshore wind and other renewables - analsyts
Drax Group plc (DRXGF) Q4 2022 Earnings Call Transcript