Drax Group plc

LSE:DRX.L

Market Cap

USD 3.22 B

Share Price

USD 9.20

Avg Daily Volume

1,496,451

Change (1 day)

-0.41%

Change (1 year)

25.08%

Change (YTD)

13.53%

Key Data

Headquarters
Drax Power Station
CEO
Dwight Daniel Willard Gardiner
IPO Date
Dec. 15, 2005

Company Description

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.

Frequently Asked Questions
  • Where is Drax Group plc headquartered?

    Drax Group plc (LSE: DRX.L) is headquartered at Drax Power Station.


  • When was Drax Group plc's IPO Date?

    Drax Group plc (LSE: DRX.L) had its IPO on December 15, 2005.


  • Who is Drax Group plc's CEO?

    Drax Group plc (LSE: DRX.L) is led by CEO Dwight Daniel Willard Gardiner.


  • In what sector and industries is Drax Group plc active?

    Drax Group plc (LSE: DRX.L) is active in the Energy sector and operates in the following industries: Renewables, Hydro Energy, Wind Energy, Electricity, Coal.