Drax Group PLC - Selby, North Yorkshire-based electricity generator - Says it has provisionally secured agreements to provide 434 megawatts of capacity, principally from its pumped storage and hydro assets. Explains the deals are for the delivery period from October 2029 to September 2030, with a provisional clearing price of GBP27 per kilowatt per year, and income of around GBP11 million. Read More
(Alliance News) - Hargreaves Services PLC on Thursday announced two new contract positions as it upgraded its revenue and pretax profit guidance for the next financial year. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - Drax Group PLC on Thursday announced lower yearly revenue and profit for 2025, as lower energy costs and impairments weighed on its operating profit in an otherwise solid year for the renewable energy company. Read More
(Alliance News) - Drax Group PLC on Thursday said it has inked a tolling agreement with Zenobe Coalburn Ltd for 200 megawatts of new battery energy storage system capacity. Read More
(Alliance News) - Barratt Redrow reports higher statutory interim profit and maintains full-year guidance, Severn Trent says trading is in line with expectations as it eyes record capital investment, and Edinburgh Worldwide Investment Trust urges shareholders to take no action after Saba Capital proposes new AGM resolutions. Read More
(Alliance News) - Drax Group PLC on Wednesday said it has agreed to acquire Edinburgh-based energy asset optimiser Flexitricity Ltd from infrastructure investor Quinbrook in a GBP36 million deal, with completion expected in the first quarter of 2026. Read More
(Alliance News) - The FTSE 100 forged ahead on Thursday as a less 'hawkish' than feared rate cut by the US Federal Reserve and a brighter US economic outlook spurred stocks, despite some fresh AI worry. Read More
(Alliance News) - Stock prices in London were higher near midday on Thursday, although the Federal Reserve's rate cut did not spark a substantial rally in the US or Europe. Read More
(Alliance News) - Drax Group PLC on Thursday said trading remains strong as it outlined plans to develop a data centre at its Yorkshire site and a continued ambition to use free cash flow to return funds to shareholders. Read More
(Alliance News) - Stocks were called lower on Thursday, as investors continue to digest the US Federal Reserve's latest quarter-point rate cut. Read More
