Drax Group lifted annual profit guidance on Thursday, having been bolstered by strong pellet production and biomass generation. The group, which generates energy by burning wood pellets, told ...

Drax Group Plc paused plans to upgrade a pumped storage facility in Scotland, dealing a blow to the UK government’s drive to develop a clean-power grid. The government set up a subsidy mechanism ...

May 1 (Reuters) - British power company Drax Group (DRX.L), opens new tab on Thursday said it expects its annual adjusted core profit to be at the top end of analyst consensus estimates ...

LONDON - Drax Group (LON:DRX) PLC’s subsidiary, Drax BESS Holdco Limited ("Drax Bidco"), has experienced a setback in its proposed acquisition of Harmony (JO:HARJ) Energy Income Trust plc ("HEIT").

Drax Group operates a power plant in Selby, North Yorkshire, that generates electricity by burning wood pellets. Many of these are sourced from forests in the US and shipped to the UK. Activists ...

(Alliance News) - Drax Group PLC on Thursday said its performance in the first quarter of the year was "strong," as it is working to align itself to the UK's energy needs. The Selby, England-based ...

The board of Harmony Energy Income has agreed a takeover offer by Foresight Group in what could mark the end of the firm’s close-fought bidding war with rival Drax. Harmony’s board recommended a new ...

LONDON - Drax Group (LON:DRX) PLC’s subsidiary, Drax BESS Holdco Limited ("Drax Bidco"), has experienced a setback in its proposed acquisition of Harmony (JO:HARJ) Energy Income Trust plc ("HEIT").

A sunrise behind Drax power station, near Selby. Picture By Yorkshire Post Photographer, James Hardisty. Date: 13th January 2024. Drax’s North Yorkshire site burns biomass wood pellets in order ...

Power-generation company Drax said it expects full-year adjusted earnings to be at the top end of market views. The U.K. company said adjusted earnings before interest, taxes, depreciation and ...

On this day in 2024, the York Press reported that climate protesters had targeted North Yorkshire energy firm Drax at its annual shareholder meeting. Broadcaster Chris Packham and members of the ...

JACKSON, Miss. — The Mississippi Department of Environmental Quality (MDEQ) has denied British wood pellet producer Drax's request to modify two permits for its Amite Bioenergy plant in Gloster ...