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.
| 7.285 | |
| 7.255 | |
| - | |
| 7.39 | |
| 7.255 | |
| 4.4027-7.89 | |
| 2 792 M | |
| 3.698 | |
| 378 M | |
| 7 392 M | |
| 0.0394 | |
| 1.218 |
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Over the last 7 days, the United Kingdom market has remained flat, yet it has risen by 6.5% over the past 12 months with earnings forecasted to grow by 14% annually. In this context of steady growth a...
Drax Group plc (LON:DRX), is not the largest company out there, but it saw a decent share price growth of 19% on the LSE over the last few months. The company is inching closer to its yearly highs fol...
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