Drax Group Plc

Overview

Drax Group Plc (Drax) is a biomass-fuelled electricity generator, which generates electricity from coal and biomass. It operates across various principal areas of activities, including electricity generation; electricity sales to business customers; and manufacturing of compressed wood pellet for use in the electricity production. The company operates power stations in the UK that includes Drax Power; Drax Biomass Inc.; Haven Power; and Opus Energy. It sources biomass pellets from the US, Canada, Latvia, Estonia, Portugal, the UK, Lithuania and Brazil, among others; and operates biomass compressed wood pellet production facilities and processing facilities in the US. Drax is headquartered in Selby, North Yorkshire, the UK.
Key Stats
Address
Drax Power Station, Selby, YO8 8PH, United Kingdom
Headquarters

United Kingdom

Contact

44 1757 618381

Website
www.drax.com
No of Employees

3,015

Industry

Power

Ticker Symbol & Exchange​

DRX [LON]

Revenue (2020)

$5,432 m

-4.5% (2020 vs 2019)
Net Income (2020)

$-203 m

-31818.8% (2020 vs 2019)
Net Profit Margin

-4 %

-37400% (2020 vs 2019)
Market Cap *

$2,697 m

EPS *

$-0.5

  *Note: Ratios based on the share price as of 6-October-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Drax Group PlcCentrica PlcSSE Plc
Key Information
Headquarters United Kingdom United Kingdom United Kingdom
Headquarter City Selby Windsor Perth
Headquarter State/Province - - -
No. of Employees 3,015 25,753 11,689
Entity Type Public Public Public

Products & Services

Drax produces power generation, transmission and sells electricity in the UK. The company’s key products include the following:

Products
  • Products:
  • Electricity
Services
  • Distribution
  • Transmission
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Jason Shipstone Chief Innovation Officer Senior Management 2019 - Mr. Jason Shipstone has been the Chief Innovation Officer of the company since May 2019. Prior to this, he served...
Esa Heiskanen Chief Officer Capital Projects Senior Management 2019 - Mr. Esa Heiskanen has been the Chief Officer Capital Projects of the company September 2019. Prior to joining Drax he...
Andy Skelton Director; Chief Financial Officer Executive Board 2019 - Mr. Andy Skelton has been the Chief Financial Officer and Director of the company since 2019. Prior to this, he...
Will Gardiner Chief Executive Officer; Director Executive Board 2018 - Mr. Will Gardiner has been the Chief Executive Officer and Director of the company since 2018. Prior to this, he...
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History

Year Event Description
2021 Contracts/Agreements In June, the company and Phoenix BioPower entered into a partnership to explore ways to…
2021 Contracts/Agreements In September, the company and National Farmers Union of England and Wales partnered to boost…
2021 Acquisitions/Mergers/Takeovers In July, the company agreed to acquire 20% stake in Alabama Pellets LLC for US$29.7…
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Locations


Millbrook Power Ltd

Address

49 York Place, Edinburgh
United Kingdom

Telephone

44 1315503380

Website

www.millbrookpower.co.uk
Hirwaun Power Ltd

Address

49 York Place, Edinburgh
United Kingdom

Telephone

44 131 5503380

Website

www.hirwaunpower.co.uk
Haven Power Limited

Address

Drax Power Station, Selby
United Kingdom

Telephone

44 1473 725943

Website

www.havenpower.com
Opus Energy Group Ltd

Address

Opus Energy House, 8-10 The Lakes, Northampton
United Kingdom

Telephone

44 843 2272377

Website

www.opusenergy.com
Morehouse BioEnergy LLC

Address

7070 Carl Road, Bastrop
United States of America

Telephone

1 617 5882900

Pinnacle Renewable Energy Inc

Address

350 - 3600 Lysander Lane, Richmond
Canada

Telephone

16042709613

Website

pinnaclepellet.com
Abergelli Power Ltd

Address

49 York Place, Edinburgh
United Kingdom

Telephone

44 1315503395

Website

www.abergellipower.co.uk

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target

Jobs Overview

1

Active Jobs

0

Posted

0

Closed

Job Trends

Latest Jobs

Job title Company Country
.NET Developer Drax Group Plc United Kingdom
Operational Communications Manager Drax Group Plc Russia
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Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar