Drax Group Plc
Drax Group PLC is a renewable energy company engaged in generating renewable power, producing sustainable biomass, and selling renewable electricity to businesses. The Company's segment consists of Pellet Production, Biomass Generation, Flexible Generation, and Energy solutions. It owns and operates a portfolio of flexible, low-carbon and renewable UK power assets, biomass, hydro, solar, wind, pumped storage and Open Cycle Gas Turbine (OCGT) generation, which provide power and system support services to the electricity grid. Through its pellet production facilities in North America, it is an integrated producer of sustainable biomass. The Company supplies renewable electricity to UK industrial and commercial customers, offering a range of energy-related services, including energy optimization, as well as electric vehicle strategy and management.
Sector
Utilities
Industry
Electric Utilities
Country
United Kingdom
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