Drax Group in 2002. Many companies experienced financial problems, and Drax Power Station’s major customer went into administration, triggering financial difficulties for Drax. Following a series of standstill agreements with its creditors, the AES Corporation and Drax parted company in August 2003. During the restructuring, a number of bids were received from companies wishing to take a stake in the ownership of Drax, but creditors voted overwhelmingly to retain their interest in Drax. In December 2003, the restructuring was completed and Drax came under the ownership of a number of financial institutions. Almost exactly two years later, on 15 December 2005, Drax
Eggborough just south of the village. To the south of the village lies the Aire and Calder Navigation. Eggborough is served by railway station on the Pontefract line, but services are limited to just two trains a day to and only one through to . An electoral ward in the same name exists. This ward stretches north to West Haddlesey with a total population of 3,763. It has a parish council consisting of four members. Eggborough is represented on Selby District Council by husband and wife couple John and Mary McCartney who are Independents. John is also the North Yorkshire County