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The Independent UK
The Independent UK
Business
Henry Saker-Clark

EXPLAINED: Drax announces data centre plans as earnings expected at top end of forecasts | Vintage Vibes

A handful of biomass pellets at a biomass facility at Drax Power Station near Selby, North Yorkshire (Anna Gowthorpe/PA) - (PA Archive)

Energy company Drax has said it expects earnings to be at the “top end” of market forecasts after a “strong” performance this year, as it announces plans to develop a data centre at its Yorkshire site.

The FTSE 250 firm said trading was boosted by the performance of its flexible generation, pellet production and biomass operations.

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