London · Delayed Price · Currency is GBP · Price in GBX Drax Group Company Description
Drax Group plc, together with its subsidiaries, engages in renewable power generation in the United Kingdom.
The company operates through four segments: Pellet Production, Biomass Generation, Flexible Generation, and Energy Solutions.
The company provides renewable, dispatchable power, and system support services. It is involved in production and sale of biomass pellets; generation and sale of electricity from biomass assets, pumped storage, run-of-river hydro, and OCGTs assets; and processing and sale of waste-derived pellets, as well as supply of electricity 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 south-west Scotland.
In addition, it owns and operates Daldowie fuel plant that processes sludge, a plant that converts it into dry low-odour fuel pellets.
Further, 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 | 2,974 |
| 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 |
| Frank Hendrikus Lemmink | Chief Financial Officer and Executive Director (Leave of Absence) |
| Daniel Andrew Peacock | Interim Chief Financial Officer |
| Lee Dawes | Chief Operations Officer |
| Mark Strafford | Head of Investor Relations |
| Hillary Berger | Group General Counsel |
| Farnaz Ranjbar | Chief People Officer |
| Paul Sheffield | Chief Commercial Officer |
| Tim Cole | Head of Customer Marketing |
| Ross McKenzie | Chief Corporate Affairs and Sustainability Officer |