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Drax Group (DRX)

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513.50 +5.50    +1.08%
16:35:59 - Closed. Currency in GBP ( Disclaimer )
  • Volume: 5,774,954
  • Bid/Ask: 448.40 / 514.00
  • Day's Range: 503.00 - 513.50
Type:  Equity
Market:  United Kingdom
ISIN:  GB00B1VNSX38 
SEDOL:  B1VNSX3
Drax Group 513.50 +5.50 +1.08%

Drax Group Company Profile

 
Read the Drax Group company profile to learn more about the business and the management team. View Drax Group facts about employee data, company products and services, and contact information.
IndustryElectrical Utilities & IPPs
SectorUtilities
Employees

3116

Equity Type

ORD

Drax Group plc, together with its subsidiaries, engages in renewable power generation in the United Kingdom. It operates through three segments: Pellet Production, Generation, and Customers. The Pellet Production segment produces and sells biomass pellets. The Generation segment provides renewable, dispatchable power, and system support services to the electricity grid. The Customers segment supplies electricity and gas to non-domestic customers. The company owns and operates Drax Power Station located in Selby, North Yorkshire; Cruachan Power Station, a pumped storage hydro station, with an installed capacity of 440 megawatts (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. It also owns and operates Daldowie fuel plant that processes sludge, a plant that converts it into dry low-odour fuel pellets. In addition, the company 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.

Contact Information

Address Drax Power Station
Selby, YO8 8PH
United Kingdom
Phone 44 17 5761 8381
Fax -

Top Executives

Name Age Since Title
Andrea Elizabeth Bertone 61 2023 Non-Executive Director
David Nussbaum 65 2017 Senior Independent Non-Executive Director
John Baxter 73 2019 Non-Executive Independent Director
Vanessa Kate Simms 49 2018 Independent Non-Executive Director
Dwight Daniel Willard Gardiner 59 2015 Group CEO & Executive Director
Nicola Hodson 58 2018 Independent Non-Executive Director
Andy Skelton 52 2019 CFO & Director
Kimberly Keating 51 2021 Independent Non-Executive Director
Erika M. Peterman 49 2021 Independent Non-Executive Director
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DRX Price Commentary

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Patriot v NWO
Patriot v NWO Feb 05, 2024 14:03
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Good news about the collaboration with Molpus Woodland management in the US. This will provide a million tonnes of waste wood fibre that will be turned into pellets and gain access to Carbon Credits. There is substantial government support for the Green transition that BECCs will likely get a share of. Hopefully this will soon propel its share price back to its previous highs.
Richard Chapman
Richard Chapman Nov 17, 2022 13:54
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Back to 800p ?
Sarah Froggatt
Sarah Froggatt Oct 03, 2022 10:30
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bad press from panorama tonight?
Richard Chapman
Richard Chapman Aug 12, 2022 10:26
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Back to 800p ? Be relying in Drax to keeo the lights on this winter
Richard Chapman
Richard Chapman May 24, 2022 9:27
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Big fall ? Windfall tax ??
Nick Williams
Nick Williams May 18, 2022 9:22
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Stocks likely rising on hope of the Scottish pumped hydro plans being approved. The BEIS has announced support of energy storage to facilitate more intermittent renewables such as wind so very likely both approved and financially supported. Interestingly even with UK power prices surging the wholesale price has still dipped into negative this year due to supply/demand so big money in storage facilities.
Richard Chapman
Richard Chapman Apr 05, 2022 13:44
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90% up this year on this wgere will it stop ??
Richard Chapman
Richard Chapman Jan 14, 2022 13:08
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What are they really worth after great run recently ?
Leon Li
Leon Li Oct 11, 2021 11:16
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Why the drop today?
Craig Nelson
Craig Nelson Sep 21, 2021 15:07
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are these worth a punt what's the Divi % ??
 
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