Drax Group plc (DRX.L) LSE

711.50

+4(+0.57%)

Updated at October 21 10:58AM

Currency In GBp

Drax Group plc

Address

Drax Power Station

Selby, YO8 8PH

United Kingdom of Great Britain and Northern Ireland

Phone

44 17 5761 8381

Sector

Utilities

Industry

Renewable Utilities

Employees

3250

First IPO Date

December 15, 2005

Key Executives

NameTitlePayYear Born
Mr. Dwight Daniel Willard GardinerGroup Chief Executive Officer & Executive Director1.62M1964
Mr. Andrew Keith Skelton A.C.A.Chief Financial Officer & Director60.9M1971
Mr. Jason ShipstoneChief Innovation Officer0N/A
Mr. Lee DawesChief Operations Officer0N/A
Ms. Karen McKeeverChief Human Resources Officer0N/A
Mr. Tim ColeHead of Customer Marketing0N/A
Mr. Paul SheffieldChief Commercial Officer0N/A
Ms. Hillary BergerGroup General Counsel0N/A
Mr. Miguel Veiga-PestanaChief Sustainability Officer0N/A
Mr. Mark StraffordHead of Investor Relations0N/A

Description

Drax Group plc, together with its subsidiaries, engages in renewable power generation in the United Kingdom. The company operates through three segments: Generation, Customers, and Pellet Production. The Generation segment provides renewable, dispatchable power, and system support services to the electricity grid. The Customers segment offers non-generation system support and energy management services. The Pellet Production segment provides low carbon fuel. The company owns and operates Drax Power Station with an installed capacity of 2,000 megawatts (MW) located in Selby, North Yorkshire; Cruachan Power Station, a pumped hydro storage station, with an installed capacity of 440 MW located in Argyll and Bute, and Lanark and Galloway hydro-electric power stations with an installed capacity of 126 MW located in southwest Scotland. In addition, the company owns and operates Daldowie fuel plant that processes sludge, a plant that converts it into dry low-odour fuel pellets. Further, it 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.