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
James Drax James Drax Sir James Drax (d. 1662) was a Barbados plantation owner who accumulated extraordinary wealth as a pioneer of the sugar trade in the English colonies. The Caribbean sugar plantations established by James Drax and those who followed his example would be at the epicenter of the growing British and French empires, helping to fuel economic growth and imperial expansion. James Drax was the son of William Drax, a gentleman of the village of Finham, in the parish of Stoneleigh, Warwickshire. In the late 1620s, James Drax became one of the earliest English migrants to the island of Barbados: