Drax Group Plc paused plans to upgrade a pumped storage facility in Scotland, dealing a blow to the UK government’s drive to develop a clean-power grid. The government set up a subsidy mechanism ...

Power-generation company Drax said it expects full-year adjusted earnings to be at the top end of market views. The U.K. company said adjusted earnings before interest, taxes, depreciation and ...

UK's Drax flags 2025 core profit at top end of consensus British power company Drax Group on Thursday said it expects its annual adjusted core profit to be at the top end of analyst consensus ...