Drax continues to trade in line with expectations
DRAX Group today said it was continuing to trade in line with expectations for the year.
In a trading update for the period from July 1, Drax, which is based near Selby, said its good operational performance had allowed it to take advantage of the power station's reliability and flexibility to maintain a high load factor.
The statement added: "While the UK market continues to experience low dark green spreads, our exposure is mitigated by a strong forward contracted position.
"We confirm that there have been no material events or transactions, nor any material change in the underlying financial position of the group during the period."