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 and Jockey is run by Claire Smith. The centre of the village used to be the location of a Bowman's Flour Mill, but this ceased production in 2016. Close to Eggborough is the site of French-owned Saint-Gobain Glass, Europe's leading producer of float (flat) glass. The plant, which opened in 1998, employs over 170 people and produces of flat glass per year. The large village hall on Selby Road is well used by residents and it is a shared facility with the residents of Whitley Bridge who have no village hall of their own. Other activities take place at the