Drax
Information by Research Trustfinance
Drax Group is a major player in the UK's energy sector, having transformed the UK's largest power station from using coal to using sustainable biomass. The company's core business involves generating renewable electricity, with operations spanning biomass sourcing and production in North America to power generation in the UK. Drax's stated mission is to enable a zero-carbon, lower-cost energy future. A key strategic focus for the company is pioneering Bioenergy with Carbon Capture and Storage (BECCS), a technology intended to create carbon-negative power generation. In addition to generation, Drax provides a range of energy services to business customers.
United Kingdom
Industry
- Other ServicePRIMARY
- Wealth Management
Financial
HQ Location