The Archive · 8 posts
Powering the UK's future! ⚡ Drax Group PLC (DRX) is at the forefront of renewable energy, transforming landscapes and leading the way on the LSE. 🌍
Drax buys Bluefield Solar Income Fund in a £548m all-cash deal, offering a 31% premium – a strategic expansion into solar, wind, and battery storage.
June 1, 2026
Showing 6 of 8 posts
Drax's £11m Capacity Market deal for 2030 adds contracted cash flow from reliable hydro and pumped storage – a tidy win!
JoshuaMarch 11, 2026
Drax's 2025 results: record renewable generation, strategic CfD boosting earnings stability, and robust cash flows for shareholders.
JoshuaFebruary 26, 2026
Drax expands FlexGen portfolio with 250MW battery storage tolling deal-no upfront capital, 10-year CPI-indexed contract, full operational control. Capital-light growth aligned with UK energy strategy.
JoshuaJanuary 30, 2026
Drax acquires Flexitricity for £36M, gaining a ready-made AI optimisation platform for 900MW of flexible assets to accelerate its FlexGen and BESS ambitions.
JoshuaJanuary 21, 2026
Drax eyes £3bn cash flow and data centres as 2025 EBITDA beats expectations. A pivot from biomass to flexible power and site-led growth.
JoshuaDecember 11, 2025
Drax H1 2025: Strong earnings, 11.5% dividend hike & £450m buyback extension. Key UK energy supplier with record pellet output.
JoshuaJuly 31, 2025
January 30, 2026