Power company Drax has unveiled plans to establish a data centre at its Yorkshire site.

The FTSE 250 firm's plans came as it announced that it anticipates earnings to be at the "top end" of market predictions, following a "strong" performance this year. It attributed the robust trading to the stellar performance of its flexible generation, pellet production and biomass operations.

It informed shareholders that full-year adjusted earnings are expected to be "around the top end of consensus estimates" for 2025, following a positive second half of the year.

Drax Group CEO Will Gardiner said: "Aligned to the UK's future energy needs and underpinned by a strong balance sheet, good cash generation, and a disciplined approach to capital allocation, we are working to maximise the value of our e

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