DRX

Drax leans into battery storage with £157m shift into grid‑scale flexibility

Drax’s £157m entry into grid-scale batteries marks a direct shift into short-duration flexibility, expanding its role in the UK’s energy transition...

Drax secures low-carbon CfD for biomass units at Drax Power Station

Drax Group has signed a low-carbon dispatchable Contract for Difference (CfD) with the LCCC, covering all four biomass units at Drax Power Station from April 2027 to March 2031 at a strike price of £109.90/MWh...

Drax Group Expands Energy Flexibility with Strategic Battery Acquisition, says Longspur Research

Drax Group boosts energy flexibility with strategic battery acquisitions, enhancing trading capabilities and supporting low-carbon goals, says latest Longspur Research...

Drax to acquire three battery storage projects totalling 260MW from Apatura

Drax Group has agreed to acquire three battery energy storage system projects from Apatura Limited for £157.2 million, expanding its FlexGen portfolio with 260MW of short duration storage capacity across sites in Scotland and England...

Drax takes a strategic step in developing future‑focused energy technical talent

Drax has launched a new technical apprenticeship programme to build the skilled workforce needed for its zero‑carbon ambitions...

Drax upgrades its mountain power asset

Drax’s £80m overhaul of the 60‑year‑old Cruachan pumped‑storage plant marks a strategic step into the heart of grid flexibility...

Drax turns to satellite intelligence to trace forest carbon across North America

Drax has partnered with NGIS to use satellite and AI technology to track carbon stored in the forests supplying its North American biomass operations...

Drax Group completes £300m buyback and launches £75m extension tranche

Drax Group has completed its £300 million share buyback programme, repurchasing 47.2 million ordinary shares between August 2024 and October 2025...

Biomass meets energy strategy

Drax is reframing biomass as a long-term asset that supports clean energy, forest resilience, and rural economics...

Strengthening Community Ties Through Energy and Water Stewardship

Drax deepens its partnership with Loch Ken Trust, aligning hydropower operations with community safety and environmental stewardship in Dumfries and Galloway...

Britain’s electricity mix shifts meaningfully under surging solar capacity

Britain has just recorded its cleanest quarter ever with solar’s rise driving carbon intensity below 100 gCO₂/kWh between April‑June 2025...

A new spark of community engagement in Yorkshire

Drax and Groundwork Yorkshire brought science and adventure together for children in Selby and Goole through summer ‘Go Wild’ sessions...

Drax Delivers Resilient Performance with Strong Biomass and Pellets Volumes – Longspur Research

Drax Group interim results for the first half of 2025 reflect steady progress and strong fundamentals, particularly in its biomass generation and pellets business...

Drax Group delivers stable H1 results and higher dividend

Drax Group plc reported half-year results for the six months to 30 June 2025, highlighting stable adjusted basic EPS of 65.6p and a 12% increase in the interim dividend to 11.6p...

Learning curves shape the energy transition

Drax’s latest collaboration channels community funding into hands on STEM programmes, signalling a new phase in nurturing the talent essential for a green energy future...

A fresh voice in Drax’s corporate frontline

Drax appoints a veteran public affairs strategist to lead its North American engagement as it accelerates towards a carbon-negative future...

AI demand sparks power station partnerships

Linking renewable power with AI-focused data centres offers a path to negative-emission computing and new investment horizons...

Diamond anniversary reveals Drax’s ambitions

Celebrating sixty years at Cruachan, Drax reinforced local ties and unveiled the scalable blueprint for its negative-emission future...

Cultivating green talent on the Gulf Coast

Drax’s Foundation is forging deep ties in Louisiana by funding educational and environmental projects that secure future talent and safeguard its sustainable biomass supply chain...

Drax Group appoints former Shell Executive Frank Lemmink as CFO

Drax has named Frank Lemmink, a senior Shell finance leader, as its incoming CFO, bringing deep capital strategy and risk management expertise ahead of Andy Skelton’s retirement...
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Funds

DRX

Drax leans into battery storage with £157m shift into grid‑scale flexibility

Drax’s £157m entry into grid-scale batteries marks a direct shift into short-duration flexibility, expanding its role in the UK’s energy transition...

Drax secures low-carbon CfD for biomass units at Drax Power Station

Drax Group has signed a low-carbon dispatchable Contract for Difference (CfD) with the LCCC, covering all four biomass units at Drax Power Station from April 2027 to March 2031 at a strike price of £109.90/MWh...

Drax Group Expands Energy Flexibility with Strategic Battery Acquisition, says Longspur Research

Drax Group boosts energy flexibility with strategic battery acquisitions, enhancing trading capabilities and supporting low-carbon goals, says latest Longspur Research...

Drax to acquire three battery storage projects totalling 260MW from Apatura

Drax Group has agreed to acquire three battery energy storage system projects from Apatura Limited for £157.2 million, expanding its FlexGen portfolio with 260MW of short duration storage capacity across sites in Scotland and England...

Drax takes a strategic step in developing future‑focused energy technical talent

Drax has launched a new technical apprenticeship programme to build the skilled workforce needed for its zero‑carbon ambitions...

Drax upgrades its mountain power asset

Drax’s £80m overhaul of the 60‑year‑old Cruachan pumped‑storage plant marks a strategic step into the heart of grid flexibility...

Drax turns to satellite intelligence to trace forest carbon across North America

Drax has partnered with NGIS to use satellite and AI technology to track carbon stored in the forests supplying its North American biomass operations...

Drax Group completes £300m buyback and launches £75m extension tranche

Drax Group has completed its £300 million share buyback programme, repurchasing 47.2 million ordinary shares between August 2024 and October 2025...

Biomass meets energy strategy

Drax is reframing biomass as a long-term asset that supports clean energy, forest resilience, and rural economics...

Strengthening Community Ties Through Energy and Water Stewardship

Drax deepens its partnership with Loch Ken Trust, aligning hydropower operations with community safety and environmental stewardship in Dumfries and Galloway...

Britain’s electricity mix shifts meaningfully under surging solar capacity

Britain has just recorded its cleanest quarter ever with solar’s rise driving carbon intensity below 100 gCO₂/kWh between April‑June 2025...

A new spark of community engagement in Yorkshire

Drax and Groundwork Yorkshire brought science and adventure together for children in Selby and Goole through summer ‘Go Wild’ sessions...

Drax Delivers Resilient Performance with Strong Biomass and Pellets Volumes – Longspur Research

Drax Group interim results for the first half of 2025 reflect steady progress and strong fundamentals, particularly in its biomass generation and pellets business...

Drax Group delivers stable H1 results and higher dividend

Drax Group plc reported half-year results for the six months to 30 June 2025, highlighting stable adjusted basic EPS of 65.6p and a 12% increase in the interim dividend to 11.6p...

Learning curves shape the energy transition

Drax’s latest collaboration channels community funding into hands on STEM programmes, signalling a new phase in nurturing the talent essential for a green energy future...

A fresh voice in Drax’s corporate frontline

Drax appoints a veteran public affairs strategist to lead its North American engagement as it accelerates towards a carbon-negative future...

AI demand sparks power station partnerships

Linking renewable power with AI-focused data centres offers a path to negative-emission computing and new investment horizons...

Diamond anniversary reveals Drax’s ambitions

Celebrating sixty years at Cruachan, Drax reinforced local ties and unveiled the scalable blueprint for its negative-emission future...

Cultivating green talent on the Gulf Coast

Drax’s Foundation is forging deep ties in Louisiana by funding educational and environmental projects that secure future talent and safeguard its sustainable biomass supply chain...

Drax Group appoints former Shell Executive Frank Lemmink as CFO

Drax has named Frank Lemmink, a senior Shell finance leader, as its incoming CFO, bringing deep capital strategy and risk management expertise ahead of Andy Skelton’s retirement...
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DRX

FTSE 100

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