Key stage in transition for Drax as it builds larger and broader portfolio

Will Gardiner

North Yorkshire-based power station operator, Drax, has reported high levels of renewable energy generation and a strong balance sheet in its half year results for the six months ended 30 June 2026.

It records pre-tax profits of £222m (2025: £281m) and adjusted EBITDA of £279m (2025: £460m), along with a balance sheet comprising £630m worth of cash and committed facilities.

CEO, Will Gardiner, said: "Drax has delivered a good performance in the first half. Our colleagues and supply chain partn... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...

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