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flag Drax boosts 2025 profit outlook, plans data center, faces UK probe over biomass sourcing.

flag Drax, a UK energy company, expects 2025 core profits near the top of market forecasts, driven by strong performance in biomass, flexible generation, and renewables. flag It plans to repurpose its Yorkshire coal power station into a 100MW data center by 2027, using existing infrastructure. flag The company forecasts £3 billion in free cash flow from 2025 to 2031, funding investments in renewable energy, data centers, and energy security. flag It holds £2.3 billion in contracted power sales through early 2027. flag Drax faces a UK financial watchdog investigation over biomass wood sourcing practices, following whistleblower allegations.

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