Drax Group One significant change was the emergence of vertically integrated companies, combining generation, distribution and supply interests. In certain cases, it became necessary for generation assets to be divested, and so in 1999 Drax Power Station was acquired by the US-based AES Corporation for £1.87 billion (US$3 billion). A partial re-financing of Drax was completed in 2000, with £400 million of senior bonds being issued by AES Drax Holdings, and £267 million of subordinated debt issued by AES Drax Energy. Increased competition, over-capacity and new trading arrangements contributed to a significant drop in wholesale electricity prices, which hit an all-time low
Hensall, North Yorkshire a collection of post-war homes, built in the 1950s. Half a mile west along Weeland Road from the Station Road crossroads is a small collection of homes in an area known as Eggborough Ings. The homes in this area connect with Wand Lane to the north, and the core part of the village, via Hazel Old Lane. Hensall is located in the historic county of Yorkshire, and was previously part of the West Riding. From 1938 to 1974 the village was part of the Osgoldcross Rural District. Following the Local Government Act of 1972 Hensall became part of the ceremonial