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
Eggborough Councillor for the ward which includes Eggborough. Eggborough Eggborough is a village and civil parish of 750 homes, in the Selby district of North Yorkshire, England, close to the county borders with South Yorkshire, West Yorkshire and the East Riding. The village is situated at the intersection of the A19 and the A645, approximately east of Pontefract and south-west of Selby. It is also located close to the M62. Primary age children attend Whitley and Eggborough Primary School which lies in Learning Lane on the other side of the M62. Eggborough (as well as High and Low Eggborough) is mentioned