Consistent with expectations for the running of the biomass units under the cap and collar contract for difference support from 2027 to 2031, Drax is planning changes to its organisational structure that could see staff reductions. We had already assumed operating cost changes with the new biomass price support and as a result will not be changing our forecasts on this news.
04 Feb 2026
Drax Group - Planned Changes to Structure
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Drax Group - Planned Changes to Structure
Drax Group plc (DRX:LON) | 864 25.9 0.3% | Mkt Cap: 2,924m
- Published:
04 Feb 2026 -
Author:
Adam Forsyth -
Pages:
7 -
Consistent with expectations for the running of the biomass units under the cap and collar contract for difference support from 2027 to 2031, Drax is planning changes to its organisational structure that could see staff reductions. We had already assumed operating cost changes with the new biomass price support and as a result will not be changing our forecasts on this news.