52 Week Range
As of on the London Stock Exchange (LON) ∙ Minimum 15 minute delay
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Drax Group Planning Application To Develop Gas Turbine Technology Approved
Drax Group Says Acquisition Bridge Facility Refinancing Completed
Drax Group HY Pretax Profit 4 Mln Stg Vs Loss Of 11 Mln Stg
Drax Group Plc is engaged in the electricity generation; electricity supply to business customers, and manufacturing of sustainable compressed wood pellets for use in electricity production. The Company's segments include Generation, which is engaged in the generation of electricity at Drax Power Station; Biomass Supply, which is engaged in the production of sustainable compressed wood pellets at its processing facilities in the United States, and Retail, which is engaged in the supply of power to business customers and wood pellets to the domestic heat market. Its business units include Drax Power, Haven Power, Drax Biomass and Billington Bioenergy. Drax Biomass provides compressed wood pellets. Haven Power supplies electricity to businesses. Billington Bioenergy supplies sustainable compressed wood pellets to provide businesses and households with renewable heat. Drax Power Station is located near Selby, North Yorkshire, connecting into the national electricity distribution grid.
Drax Power Station
Philip G. Cox
Non-Executive Chairman of the Board
Group Chief Executive Officer, Executive Director
Chief Financial Officer, Executive Director
Chief Executive - Drax Retail
Chief Executive - Drax Power, Executive Director
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British power generator Drax Group Plc <DRX.L> on Wednesday reported a 35% jump in adjusted core earnings for the first half and affirmed its forecasts for the year, helped by a recent purchase of gas, hydro and pumped storage power plants.
British power generator Drax Group Plc on Wednesday reported a jump in adjusted core earnings for the first half, partly boosted by its purchase of gas, hydro and pumped storage power plants from Spain's Iberdrola SA .
** Shares of British power producer Drax Group Plc were down 2.2% at 269 pence
Drax, Britain's third largest power generator, reported a 9 percent rise in full-year earnings on Tuesday, driven by higher renewable power generation from its biomass units.
British power producer Drax Group Plc reported a 9 percent rise in full-year core earnings on Tuesday, driven by higher levels of renewable power generation from its biomass units.
British power producer Drax Group Plc <DRX.L> has revised the terms of its deal to buy UK generation assets from Spain's Iberdrola <IBE.MC> to ensure it gets a rebate on lost capacity payments due to a pause in a government scheme.
British power producer Drax Group Plc has tweaked the terms of its deal to buy UK generation facilities from Spain's Iberdrola to share additional risks due to a recent EU decision on Britain's state-supported back-up power scheme.
British power producer Drax Group Plc <DRX.L> reported a 16 percent fall in first-half earnings on Tuesday, partly related to outages at its biomass plants, sending its shares down more than 6 percent.
British power producer Drax Group Plc reported a 16 percent fall in mid-year earnings on Tuesday as outages curbed electricity generation at its power plants.
Britain's Drax Power Station, part of Drax Group <DRX.L>, has submitted an application to planning authorities to develop a gas generation and battery storage project, the firm said on Wednesday.
British power company Drax <DRX.L> will start work this month on a pilot bioenergy carbon capture and storage (CCS) project at its plant in Yorkshire, northern England, it said on Monday.
Britain's Drax plans to cut the cost of the electricity it generates from biomass by a third over the next 10 years to reduce its reliance on subsidies, its CEO told Reuters.
Tullow Oil's <TLW.L> founder and chairman, Aidan Heavey, is set to leave the company he led for three decades and be replaced as chair by Dorothy Thompson, former chief of Drax Group, which prides itself in offering lower-carbon energy supply.
British power generator Drax could end production at its coal plants ahead of a government imposed deadline of 2025, the company's CEO said on Monday.
British power producer Drax Group Plc <DRX.L> beat full-year core earnings expectations on Tuesday, sending its shares higher.
British power producer Drax Group Plc reported full-year core earnings above analysts' expectations, helped by higher profit from its biomass power plants and the acquisition of Opus Energy.
British power producer Drax <DRX.L> said on Wednesday it planned to complete converting its fourth biomass power plant in the second half of the year so it comes online in late 2018.
Electric Utility company Drax Group on Friday appointed Den Jones as interim chief financial officer from Nov. 1.
* SALE TO AGGREGATED MICRO POWER HOLDINGS 2 AND DEAL VALUE IS 2 MILLION STG, COMPRISED OF 1.6 MILLION STG OF SHARES IN AMPH AND 0.4 MILLION STG CASH
* Reports H1 loss but says full-year on track (Updates, adds details, background, CEO, shares)
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