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
Drax the Destroyer Drax the Destroyer Drax the Destroyer (Arthur Douglas) is a fictional character appearing in American comic books published by Marvel Comics. Created by Jim Starlin, the character first appeared in "The Invincible Iron Man" #55 (February 1973). The character's origin story relates that Arthur Douglas was a human whose family was attacked and killed by the supervillain Thanos. Needing a champion to combat Thanos, the being known as Kronos took Arthur's spirit and placed it in a powerful new body, and Drax the Destroyer was born. Drax's powers included enhanced strength and resilience, flight, and the ability to project energy