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About the company
Drax Group PLC is a United Kingdom-based renewable energy company. The Company is engaged in renewable power generation, the production of sustainable biomass and the sale of renewable electricity to businesses. Its segments include Pellet Production, Biomass Generation, Flexible Generation, and Energy Solutions. The Pellet Production segment is engaged in the production and subsequent sale of biomass pellets from the Company’s processing facilities in North America. The Biomass Generation segment is engaged in the generation and sale of electricity from biomass assets in the United Kingdom. The Flexible Generation segment is engaged in the generation and sale of electricity from pumped storage, run-of-river hydro and open cycle gas turbine (OCGT) assets, and the processing and sale of waste-derived pellets, in the United Kingdom. The Energy Solutions segment is engaged in the supply of electricity to non-domestic customers in the United Kingdom.
- Revenue in GBP (TTM)5.62bn
- Net income in GBP407.70m
- Incorporated2005
- Employees3.24k
- LocationDrax Group PLCDrax Power StationSELBY YO8 8PHUnited KingdomGBR
- Phone+44 17 5761 8381Fax+44 17 5761 2192
- Websitehttps://www.drax.com
Mergers & acquisitions
| Acquired company | DRX:LSE since announced | Transaction value |
|---|---|---|
| Flexitricity Ltd | -0.06% | -- |
Institutional shareholders
| Holder | Shares | % Held |
|---|---|---|
| Invesco Asset Management Ltd.as of 26 Feb 2025 | 36.85m | 10.83% |
| Schroder Investment Management Ltd.as of 26 Feb 2025 | 18.16m | 5.34% |
| Orbis Investment Management Ltd.as of 07 Mar 2025 | 15.88m | 4.67% |
| The Vanguard Group, Inc.as of 01 Jan 2026 | 13.71m | 4.03% |
| M&G Investment Management Ltd.as of 01 Jan 2026 | 12.37m | 3.63% |
| Franklin Advisers, Inc.as of 01 Jan 2026 | 12.00m | 3.53% |
| BlackRock Investment Management (UK) Ltd.as of 27 Jan 2026 | 9.82m | 2.89% |
| Dimensional Fund Advisors LPas of 01 Jan 2026 | 9.03m | 2.65% |
| Jennison Associates LLCas of 01 Jan 2026 | 7.49m | 2.20% |
| American Century Investment Management, Inc.as of 01 Jan 2026 | 7.03m | 2.06% |
