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Drax Group information


Drax Group plc
Trade name
Drax
Company typePublic limited company
Traded as
  • LSE: DRX
  • FTSE 250 component
IndustryElectrical power generation
Founded2005
HeadquartersDrax, North Yorkshire, England, UK
Key people
Phil Cox CBE, Chairman
Will Gardiner, Chief Executive
ProductsElectrical power and byproducts of power product
RevenueIncrease £8,159.2 million (2022)[1]
Operating income
Increase £469.4 million (2022)[1]
Net income
Increase £82.5 million (2022)[1]
Number of employees
3,000 (2023)[2]
Websitedrax.com

Drax Group plc, trading as Drax, is a power generation business. The principal downstream enterprises are based in the UK and include Drax Power Limited, which runs the biomass fuelled Drax power station, near Selby in North Yorkshire. The Group also runs an international biomass supply chain business. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

In 2021, the company was taken out of the S&P Global Clean Energy Index, as it is no longer considered to be a "clean" energy company by the S&P.[3]

  1. ^ a b c "Preliminary Results 2022" (PDF). Drax Group. Retrieved 23 February 2023.
  2. ^ "Drax rings in 2024 with festive 'Happy New Year' projection". Drax Group. 29 December 2023. Retrieved 12 February 2024.
  3. ^ "Drax dropped from index of green energy firms amid biomass doubts". The Guardian. 19 October 2021.

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