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Drax Group plc is an energy company primarily engaged in renewable power generation, energy storage, and biomass production. The company operates one of the largest power stations in the UK, transitioning from coal to sustainable biomass, which forms a significant part of its renewable energy strategy. Drax also provides energy solutions to businesses, focusing on renewable electricity, energy efficiency, and carbon reduction. In addition, the company is involved in developing carbon capture and storage technologies as part of its goal to support a low-carbon economy. The company is headquartered in Selby, England, and its shares are listed on the LSE.
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Ticker symbol
DRX
Country
🇬🇧 United Kingdom