- A big step up in capex investment
- Energy prices expected to fall in the second half of the year
High energy prices helped Drax Group (DRX) increase its year-on-year adjusted cash profit (Ebitda) by 101 per cent to £453mn in the six months to June. Excluding the effects of the government's windfall tax, which will run to 2028, adjusted cash profit rose 85 per cent.