Drax Group PLC

Corporate Details

ISIN(s):

GB00B1VNSX38

LEI:

549300YPSNTXR4ZHSR98

Country:

United Kingdom

Address:

DRAX POWER STATION, YO8 8PH SELBY

Website:

https://www.drax.com/

Sector:

Electricity, gas, steam and air conditioning supply

Industry:

Manufacture of gas; distribution of gaseous fuels through mains

Description

Drax Group PLC is a British energy company that specializes in sustainable and renewable energy production. The company is headquartered in Selby, North Yorkshire, England, and operates the Drax Power Station, which is one of the largest power stations in the UK. Drax Group PLC is committed to reducing carbon emissions and has shifted its focus towards biomass, a renewable and sustainable energy source, as a replacement for coal. The company has made significant investments in biomass technology and has successfully converted three of its six power generating units to run on biomass, reducing its carbon emissions by up to 80%. Drax Group PLC is dedicated to providing clean and sustainable energy solutions, and is committed to leading the way in the transition to a low-carbon energy future.