Drax Group plc is a UK-based renewable energy company that generates electricity and produces sustainable biomass pellets. The company operates through three primary segments: Generation, Pellet Production, and Customers. Its flagship asset is the Drax Power Station in North Yorkshire, which has transitioned from coal to sustainable biomass to become one of the UK's largest single-site renewable power generators. The Generation portfolio also includes hydroelectric and pumped storage facilities in Scotland. To support its biomass operations, Drax manufactures compressed wood pellets at multiple processing facilities across the United States and Canada. Additionally, the company's Customers segment supplies electricity and energy management services to non-domestic clients in the UK.
