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Drax Group CEO, Will Gardiner said: Drax Group CEO, Will Gardiner “We continue to deliver a strong operational performance, supporting the UK energy system with dispatchable, renewable power, keeping the lights on for millions of homes and businesses, while supporting thousands of jobs throughout...
Strategic Report from the Drax Group plc Annual report and accounts 2020 18 March 2021 Chapter 1: Welcome, 2020 highlights and market context Welcome to Drax Group Our purpose is to enable a zero carbon, lower cost energy future. Our ambition is to become carbon negative by 2030. Being ...
Drax Group PLC (Symbol: DRX) Drax is pleased to announce that it has completed the refinancing of its revolving credit facility. The new £300 million facility (“the Facility”) matures in 2025, with an option to extend by one year(1). The Facility replaces the current RCF which matur...
Drax Group plc (“Drax” or the “Company”; Symbol:DRX) Drax confirms that it has provisionally secured agreements to provide a total of 2,562MW of capacity (de-rated 2,333MW) from its existing gas, pumped storage and hydro assets(1). The agreements are for the delivery period October...
Welcome to Drax Group Our purpose is to enable a zero carbon, lower cost energy future. Our ambition is to become carbon negative by 2030. Being carbon negative means that we will be removing more carbon dioxide from the atmosphere than we produce throughout our direct business operations globa...
Drax Group plc (“Drax” or the “Company”; Symbol:DRX) 31 January 2020 Investors RNS Number : 6536B T-3 Auction Provisional Results Drax confirms that it has provisionally secured agreements to provide a total of 2,562MW of capacity (de-rated 2,333MW) from its existing gas, pu...
Stakeholder relations High quality engagement with the full breadth of our stakeholders is key to well-informed decision-making that pays appropriate regard to stakeholder views. Drax has a wide range of stakeholders and takes care to ensure that the Group, and the Board, has an effective strategy...