Drax Group plc (DRXGY) Earnings

Drax Group Plc engages in the renewable power generation. The company is headquartered in Selby, North Yorkshire and currently employs 3,243 full-time employees. The company went IPO on 2005-12-20. The firm is engaged in renewable power generation, the production of sustainable biomass and the sale of renewable electricity to businesses. Its segments include Pellet Production, Biomass Generation, Flexible Generation, and Energy Solutions. The Pellet Production segment is engaged in the production and subsequent sale 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 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 open cycle gas turbine (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.