Drax Group underwent a re-financing and shares in Drax Group plc were listed on the London Stock Exchange for the first time. In 2009, Drax Group acquired Haven Power – enabling it to sell electricity directly. In 2015, the Group acquired Billington Bioenergy, specialists in providing sustainable biomass pellets for domestic energy systems. In 2016, Drax Group acquired Opus Energy for £340 million funded by a new acquisition debt facility of up to £375 million. In October 2017, Drax sold Billington Bioenergy for £2 million to an AIM-listed energy company. Drax Group’s key asset is Drax Power Station. Originally built, owned and
Richard Erle-Drax-Grosvenor (1797–1828) Richard Erle-Drax-Grosvenor (1797–1828) Richard Edward Erle-Drax-Grosvenor (c. March 1797 – 18 August 1828), was a British politician. A member of the Grosvenor family now headed by the Duke of Westminster, he was the son of Richard Erle-Drax-Grosvenor and Sarah Frances, daughter of Edward Drax, of Charborough House, Dorset. On his father's death in 1819 he succeeded him as Member of Parliament for New Romney, a seat he held until 1826. Erle-Drax-Grosvenor inherited Charborough House through his mother. He died unmarried in August 1828, aged only 31. His sister Jane Frances Erle-Drax-Grosvenor inherited the estate. She married John Sawbridge, who assumed