Drax Group (DRXGF)
Company Description
Drax Group plc, together with its subsidiaries, engages in renewable power generation in the United Kingdom.
The company operates through three segments: Generation, Customers, and Pellet Production.
The Generation segment provides renewable, dispatchable power, and system support services to the electricity grid.
The Customers segment offers non-generation system support and energy management services.
The Pellet Production segment provides low carbon fuel.
The company owns and operates Drax Power Station with an installed capacity of 2,000 megawatts (MW) located in Selby, North Yorkshire; Cruachan Power Station, a pumped hydro storage station, with an installed capacity of 440 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.
In addition, the company owns and operates Daldowie fuel plant that processes sludge, a plant that converts it into dry low-odour fuel pellets.
Further, it 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 | GB |
| IPO Date | May 22, 2013 |
| Industry | Renewable Utilities |
| Sector | Utilities |
| Employees | 3,250 |
| CEO | Dwight Daniel Willard Gardiner |
Contact Details
Address: Drax Power Station Selby, GB | |
| Website | https://www.drax.com |
Stock Details
| Ticker Symbol | DRXGF |
| Exchange | PNK |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | n/a |
| CUSIP Number | n/a |
| ISIN Number | GB00B1VNSX38 |
| Employer ID | - |
| SIC Code | n/a |
Key Executives
| Name | Position |
|---|---|
| Dwight Daniel Willard Gardiner | Group Chief Executive Officer & Executive Director |
| Andrew Keith Skelton A.C.A. | Chief Financial Officer & Director |
| Hillary Berger | Group General Counsel |
| Jason Shipstone | Chief Innovation Officer |
| Karen McKeever | Chief Human Resources Officer |
| Lee Dawes | Chief Operations Officer |
| Mark Strafford | Head of Investor Relations |
| Miguel Veiga-Pestana | Chief Sustainability Officer |
| Paul Sheffield | Chief Commercial Officer |
| Tim Cole | Head of Customer Marketing |