Drax has agreed to acquire Bluefield Solar Income Fund in a recommended all-cash deal valuing BSIF’s issued share capital at about £548m, or £561m including a permitted dividend. The acquisition..
Drax has assumed commercial control of Hirwaun Power Station, the first of three 299MW OCGT plants it is developing in England and Wales to support flexible generation and system services...
Drax has marked 60 years of Cruachan Power Station, highlighting the pumped storage hydro asset’s role in UK grid flexibility and future energy storage...
Drax is using energy efficiency and on-site solar to cut costs, reduce emissions and strengthen resilience across schools, communities and its own operations...
Drax Group maintains strong earnings visibility and operational momentum as Longspur Research highlights flexible generation and shareholder returns potential...
Drax Group plc cites solid performance, progress in FlexGen and storage projects, and stable earnings guidance while advancing capacity agreements and shareholder returns...
Drax Foundation funding is supporting energy affordability, skills and nature projects across communities linked to the group’s key operating regions...
Drax has joined a new Selby partnership aimed at improving access to support, skills and local opportunities, reinforcing its long-term community positioning in a key regional market...
A more diversified power system could become increasingly important to investors as energy security, pricing stability and flexibility move higher up the agenda...
Drax is outlining how its proposed BECCS model could turn an established power asset into a longer-term platform for renewable power and carbon removal...
Drax has secured support for Drax Power Station through 2031, strengthening visibility on the asset’s role in grid balancing and preserving future development options...
Drax is positioning its Yorkshire power station as a potential AI data centre hub, linking existing grid infrastructure, future power demand and longer-term carbon removal ambitions...
Drax has launched a digital Cruachan technician simulation that gives young people practical exposure to specialist energy roles while supporting the company’s longer-term skills pipeline...
Drax reported 2025 adjusted EBITDA of £947 million, supported by high renewable generation and record pellet production. The company also increased its dividend to 29.0p and ended the year with..
Britain is producing record levels of clean electricity, but the high cost of power relative to gas could slow the shift toward electric heating and transport...
Drax has provisionally secured agreements to provide 434MW of capacity (399MW de-rated) from its pumped storage and hydro assets for October 2029 to September 2030, at a clearing price of..
Drax has agreed to acquire Bluefield Solar Income Fund in a recommended all-cash deal valuing BSIF’s issued share capital at about £548m, or £561m including a permitted dividend. The acquisition would expand Drax’s UK renewable generation portfolio across solar, wind and battery storage...
Drax has assumed commercial control of Hirwaun Power Station, the first of three 299MW OCGT plants it is developing in England and Wales to support flexible generation and system services...
Drax has marked 60 years of Cruachan Power Station, highlighting the pumped storage hydro asset’s role in UK grid flexibility and future energy storage...
Drax is using energy efficiency and on-site solar to cut costs, reduce emissions and strengthen resilience across schools, communities and its own operations...
Drax Group maintains strong earnings visibility and operational momentum as Longspur Research highlights flexible generation and shareholder returns potential...
Drax Group plc cites solid performance, progress in FlexGen and storage projects, and stable earnings guidance while advancing capacity agreements and shareholder returns...
Drax Foundation funding is supporting energy affordability, skills and nature projects across communities linked to the group’s key operating regions...
Drax has joined a new Selby partnership aimed at improving access to support, skills and local opportunities, reinforcing its long-term community positioning in a key regional market...
A more diversified power system could become increasingly important to investors as energy security, pricing stability and flexibility move higher up the agenda...
Drax is outlining how its proposed BECCS model could turn an established power asset into a longer-term platform for renewable power and carbon removal...
Drax has secured support for Drax Power Station through 2031, strengthening visibility on the asset’s role in grid balancing and preserving future development options...
Drax is positioning its Yorkshire power station as a potential AI data centre hub, linking existing grid infrastructure, future power demand and longer-term carbon removal ambitions...
Drax has launched a digital Cruachan technician simulation that gives young people practical exposure to specialist energy roles while supporting the company’s longer-term skills pipeline...
Drax reported 2025 adjusted EBITDA of £947 million, supported by high renewable generation and record pellet production. The company also increased its dividend to 29.0p and ended the year with net debt of £784 million...
Britain is producing record levels of clean electricity, but the high cost of power relative to gas could slow the shift toward electric heating and transport...
Drax has provisionally secured agreements to provide 434MW of capacity (399MW de-rated) from its pumped storage and hydro assets for October 2029 to September 2030, at a clearing price of £27/kW/year, generating around £11 million in income...
