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 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