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About the company
Drax Group PLC is a United Kingdom-based renewable energy company. The Company is engaged in renewable power generation, the production of sustainable biomass and the sale of renewable electricity to businesses. Its segments include Pellet Production, Generation, and Customers. The Pellet Production segment is engaged in the production and subsequent sale of biomass pellets at the Group’s processing facilities in North America. The Generation segment includes its power generation activities in the United Kingdom. The Customers segment is engaged in the supply of electricity and gas to non-domestic customers in the United Kingdom. It also operates a generation portfolio of sustainable biomass, hydro-electric and pumped hydro storage assets across four sites in England and Scotland. It also operates a bioenergy supply business with manufacturing facilities at 13 sites in the United States and Canada. It also offers installation and maintenance of electric vehicle (EV) charge points.
- Revenue in GBP (TTM)6.94bn
- Net income in GBP653.80m
- Incorporated2005
- Employees3.55k
- LocationDrax Group PLCDrax Power StationSELBY YO8 8PHUnited KingdomGBR
- Phone+44 17 5761 8381Fax+44 17 5761 2192
- Websitehttp://www.drax.com
Peer analysis
Company | Revenue (TTM) | Net income (TTM) |
---|---|---|
REN Redes Energeticas Nacionais SGPS S A | 840.49m | 137.90m |
Telecom plus PLC | 2.04bn | 71.04m |
Enerjisa Enerji AS | 4.69bn | -290.16m |
MVV Energie AG | 5.49bn | 133.94m |
Iren SpA | 4.90bn | 225.20m |
Lechwerke AG | 1.06bn | 80.73m |
Encavis AG | 359.05m | -12.26m |
ERG SpA | 634.22m | 181.22m |
Drax Group Plc | 6.94bn | 653.80m |
PGE Polska Grupa Energetyczna SA | 14.88bn | -971.17m |
ACEA SpA | 3.59bn | 307.41m |
Institutional shareholders
Holder | Shares | % Held |
---|---|---|
Invesco Asset Management Ltd.as of 28 Feb 2024 | 37.31m | 9.88% |
Schroder Investment Management Ltd.as of 28 Feb 2024 | 37.04m | 9.80% |
Orbis Investment Management Ltd.as of 28 Feb 2024 | 19.27m | 5.10% |
M&G Investment Management Ltd.as of 01 Nov 2024 | 17.14m | 4.54% |
The Vanguard Group, Inc.as of 01 Nov 2024 | 14.63m | 3.87% |
Dimensional Fund Advisors LPas of 01 Nov 2024 | 12.13m | 3.21% |
Franklin Advisers, Inc.as of 30 Sep 2024 | 11.00m | 2.91% |
Soci�t� G�n�rale Gestion SAas of 01 Nov 2024 | 10.63m | 2.81% |
BlackRock Investment Management (UK) Ltd.as of 12 Jun 2023 | 10.12m | 2.68% |
Royal London Asset Management Ltd.as of 01 Nov 2024 | 9.64m | 2.55% |