OverviewSuggest Edit

Drax Group is a company that engages in the generation and supply of electricity. It operates through three segments: Generation, Customers, and, Pellet Production. The company also manufactures and sells compressed wood pellets for use in electricity production; supplies and manages electricity and gas for large industrial and commercial sector customers.

HQSelby, GB
Employee Ratings4.1

Latest Updates

Employees (est.) (Dec 2019)827(+2%)
Job Openings19
Revenue (FY, 2020)£4.2 B(-9%)
Share Price (Oct 2021)£5.3(+7%)
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Key People/Management at Drax Group

Will Gardiner

Will Gardiner

Chief Executive Officer, Board Member
Philip Cox

Philip Cox

Andy Skelton

Andy Skelton

Chief Financial Officer, Board Member
Nicola Hodson

Nicola Hodson

Independent Non Executive Director
John Baxter

John Baxter

Independent Non-Executive Director
David Nussbaum

David Nussbaum

Independent Non Executive Director
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Drax Group Office Locations

Drax Group has offices in Selby, London and Worthing
Selby, GB (HQ)
Drax Power Station
London, GB
5 Lower Grosvenor Pl
Worthing, GB
Aspect House, Spencer Rd
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Drax Group Financials and Metrics

Drax Group Revenue

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Drax Group's revenue was reported to be £4.24 b in FY, 2020 which is a 9.9% decrease from the previous period.

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Drax Group's current market capitalization is £2.1 b.
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Drax Group Operating Metrics

FY, 2016

Electricity Generated, TWh


Wood Pellets, metric tonnes

607 k
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Drax Group Revenue Breakdown

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Drax Group revenue breakdown by business segment: 50.0% from Customers and 50.0% from Generation

Drax Group Online and Social Media Presence

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Drax Group News and Updates

Drax Group deploys Solace to improve its IT infrastructure

LONDON, April 8, 2021 /PRNewswire/ -- Solace announced today that Drax Group has selected its event streaming and management technology to make its IT architecture more efficient, agile, and to help reduce the cost of delivery. Having converted two-thirds of Drax Power Station in North...

Drax cooling tower shines bright on National Day of Reflection for COVID anniversary

Employees from across Drax’s UK sites will take part in a minute’s silence, to remember the 143,000 people that have lost their lives across the country since the first lockdown began on March 23 last year.

Opus Energy generated £678 million and supported 6,000 jobs in the East Midlands

Opus Energy contributed £678 million towards the East Midlands’ economy and supported 6,000 jobs, according to a new report.

Drax generated £211 million for Scotland’s economy and supported over 1,200 jobs in Scotland

Renewable energy company Drax Group contributed £211 million towards the Scottish economy and supported 1,200 jobs across the country, according to a new report.

Haven Power generated £398 million and supported over 3,400 jobs in the East of England

Haven Power contributed £398 million towards the UK economy and supported 3,400 jobs across the country, according to a new report.

Drax generated £728 million for the northern economy and supported over 6,600 jobs

Renewable energy company Drax Group contributed £728 million towards the economy in the North of England and supported 6,600 jobs across the region, according to a new report.
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Drax Group Blogs

Transporting carbon – How to safely move CO2 from the atmosphere to permanent storage

Transporting captured CO2 in pipes may be a new idea for the UK but the science and experience is there to ensure it’s safe

What are nature-based solutions?

Forests, oceans, and soil have a key role to play in removing emissions from the atmosphere

Enviva Cottondale pellet plant catchment area analysis

A stable and maturing forest resource of managed pine and unmanaged hardwood, devastated by hurricane damage in 2018 but recovering to pre-storm status. The Drax Forestry team assesses the evidence.

Half year results for the six months ended 30 June 2021

Transformational H1: positioned for global low-carbon growth

Refinancing of Pinnacle Debt with Lower Cost ESG Facility

London Stock Exchange announcement

What is direct air carbon capture and storage (DACS)?

A new generation of carbon capture technology
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Drax Group Frequently Asked Questions

  • When was Drax Group founded?

    Drax Group was founded in 2005.

  • Who are Drax Group key executives?

    Drax Group's key executives are Will Gardiner, Philip Cox and Andy Skelton.

  • How many employees does Drax Group have?

    Drax Group has 827 employees.

  • What is Drax Group revenue?

    Latest Drax Group annual revenue is £4.2 b.

  • What is Drax Group revenue per employee?

    Latest Drax Group revenue per employee is £5.1 m.

  • Who are Drax Group competitors?

    Competitors of Drax Group include EnviTec Biogas, Verbund and Voltalia.

  • Where is Drax Group headquarters?

    Drax Group headquarters is located at Drax Power Station, Selby.

  • Where are Drax Group offices?

    Drax Group has offices in Selby, London and Worthing.

  • How many offices does Drax Group have?

    Drax Group has 3 offices.