Drax Group Company Description
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.
Country | United Kingdom |
Founded | 2005 |
Industry | Utilities - Renewable |
Sector | Utilities |
Employees | 3,551 |
CEO | Dwight Daniel Gardiner |
Contact Details
Address: Drax Power Station Selby, YO8 8PH United Kingdom | |
Phone | 44 17 5761 8381 |
Website | drax.com |
Stock Details
Ticker Symbol | DRX |
Exchange | London Stock Exchange |
Fiscal Year | January - December |
Reporting Currency | GBP |
ISIN Number | GB00B1VNSX38 |
SIC Code | 4911 |
Key Executives
Name | Position |
---|---|
Dwight Daniel Willard Gardiner | Group Chief Executive Officer and Executive Director |
Andrew Keith Skelton A.C.A. | Chief Financial Officer and Director |
Mark Strafford | Head of Investor Relations |
Hillary Berger | Group General Counsel |
Karen McKeever | Chief Human Resources Officer |
Jason Shipstone | Chief Innovation Officer |
Paul Sheffield | Chief Commercial Officer |
Tim Cole | Head of Customer Marketing |
Miguel Veiga-Pestana | Chief Sustainability Officer |
Laurie Fitzmaurice | President of Global BECCS |