Equity Overview
Price & Market Data
Price: $22.68
Daily Change: $0.00 / 0.00%
Daily Range: $0 - $0
Market Cap: $3,948,761,600
Daily Volume: 0
Performance Metrics
1 Week: -1.52%
1 Month: -4.42%
3 Months: -0.92%
6 Months: 19.37%
1 Year: 52.73%
YTD: -9.61%
Company Details
Employees: 2974
Sector: Utilities
Industry: Electric utilities
Country: United Kingdom
Details
Drax Group plc, together with its subsidiaries, engages in renewable power generation in the United Kingdom. The company operates through four segments: Pellet Production, Biomass Generation, Flexible Generation, and Energy Solutions. The company provides renewable, dispatchable power, and system support services. It is involved in production and sale of biomass pellets; generation and sale of electricity from biomass assets, pumped storage, run-of-river hydro, and OCGTs assets; and processing and sale of waste-derived pellets, as well as supply of electricity to non-domestic customers. The company owns and operates Drax Power Station located in Selby, North Yorkshire; Cruachan Power Station, a pumped storage hydro station, with an installed capacity of 440 megawatts (MW) located in Argyll and Bute; and Lanark and Galloway hydro-electric power stations with an installed capacity of 126 MW located in south-west Scotland. In addition, it owns and operates Daldowie fuel plant that processes sludge, a plant that converts it into dry low-odour fuel pellets. Further, the company 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.