The tolling agreement signed with Fidra Energy recently adds value to Drax and our central case valuation rises to 1093p from 1082p. We also see potential beyond this with the ability to find additional similar deals and to use the recently acquired Flexitricity to add further value.
10 Feb 2026
Drax Group - Tolling Agreement Adds Value
Sign up for free to access
Get access to the latest equity research in real-time from 12 commissioned providers.
Get access to the latest equity research in real-time from 12 commissioned providers.
Drax Group - Tolling Agreement Adds Value
Drax Group plc (DRX:LON) | 870 -134.9 (-1.8%) | Mkt Cap: 2,944m
- Published:
10 Feb 2026 -
Author:
Adam Forsyth -
Pages:
7 -
The tolling agreement signed with Fidra Energy recently adds value to Drax and our central case valuation rises to 1093p from 1082p. We also see potential beyond this with the ability to find additional similar deals and to use the recently acquired Flexitricity to add further value.