EXPLAINED: Drax group | Vintage Vibes

Drax improves profit guidance after heatwave boosts demand

Drax group chief executive Will Gardiner said strong recent trading continued into the second half of 2026.

Evening Standard · Sep 17

Drax Group Pauses Buyback as £561M Bluefield Solar Deal Boosts UK Renewables

Drax Group (LON:DRX) Chief Executive Will Gardiner said the company’s recommended all-cash offer to acquire Bluefield Solar Income Fund would significantly expand Drax’s U.K. renewables business and broaden its generation portfolio, while prompting a pause in its current share buyback program pendin

MarketBeat · Jun 1

Drax has ‘betrayed’ workforce with plans to cut jobs, union says

Drax Group is consulting over restructuring in the UK and North America that could result in the reduction of its workforce.

Evening Standard · Feb 4

Loch Ken Trust welcome schoolkids to Galloway Activity Centre for environmental education sessions

Crossmichael Primary pupils enjoyed the activities, designed by students from Scotland's Rural College with Loch Ken ranger Leanne Pumpr

Daily Record · Mar 20, 2023

Drax Hydro workers vote to strike in pay dispute

Union warns that industrial action could hit power supply - although the company denies this risk

Insider UK · Feb 24, 2023

Drax swoops for Canadian pellet plant to bolster strategic supply

90,000 tonnes to be added to existing operations in North America

Birmingham Post · Aug 8, 2022

Drax aims to be big in Japan as Tokyo office opens to launch Asia subsidiary

Ambassador welcome as biomass is the focus for transformed renewable energy giant

Birmingham Post · Jul 14, 2022

Drax submits plans for world's largest carbon capture facility

Two-unit proposal would tap into Zero Carbon Humber and East Coast Cluster transportation and storage projects

Birmingham Post · Jul 12, 2022

British Steel lines up Drax mega order as Net Zero infrastructure eyed for carbon capture plant

MoU signed between two regional giants who could be connected by the huge Humber pipeline plans

Birmingham Post · Jun 16, 2022

Huge appetite to be part of grand Net Zero plan as hundreds of businesses join Drax and Worley in Hull

Meet the buyer event sees contracts worth hundreds of millions of pounds outlined

Birmingham Post · May 26, 2022