Half Year 2021 Drax Group PLC Earnings Call Transcript

Jul 29, 2021 / 08:00AM GMT
Operator

Ladies and gentlemen, welcome to the Drax Half Year Results presentation. My name is Stuart, and I will be the operator for your call this morning. (Operator Instructions) I will now hand you over to Will Gardiner, CEO. Please go ahead.

Dwight Daniel Willard Gardiner - Drax Group plc - Group CEO & Executive Director

Thank you, and welcome, everyone. Using the usual format, but I'm trying to be brief, given that we will just be using audio.

So I'll start on Page 4. At Drax, our purpose is always at the core of what we do, enabling a zero-carbon, lower-cost energy future. And during the first half of the year, we made great progress. By selling our Drax assets and ending commercial coal generation, we are transforming to the largest U.K. pure-play renewable power company, and we are well on our way to achieving our ambition of becoming carbon negative by 2030.

Through the acquisition of Pinnacle, we're also the world's leading biomass generation and supply company and have made great strides towards achieving our key strategic goals for

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot