Drax Group PLC. Stock Analysis DRX.L

Drax Group Plc engages in the renewable power generation. The company is headquartered in Selby, North Yorkshire and currently employs 2,974 full-time employees. The company went IPO on 2005-12-20. The firm is engaged in generating renewable power, producing sustainable biomass, and selling renewable electricity to businesses. The Pellet Production segment is engaged in the production and subsequent sales of biomass pellets from the Company's processing facilities in North America. The Biomass Generation segment is engaged in the generation and sale of electricity from its biomass assets in the United Kingdom. The Flexible Generation segment is engaged in the generation and sale of electricity from pumped storage, run-of-river hydro and OCGT assets, and the processing and sale of waste-derived pellets, in the United Kingdom. The Energy Solutions segment is engaged in the supply of electricity to non-domestic customers in the United Kingdom. The company also provides optimization and route-to-market services to owners of flexible energy assets, via its proprietary controls platform.