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
John Erle-Drax name Richard Drax. John Erle-Drax John Samuel Wanley Sawbridge Erle-Drax (6 October 1800 – 5 January 1887) was a British Member of Parliament (MP) during the Victorian era. Born John Sawbridge, he was the son of Samuel Elias Sawbridge, of Olantigh in Kent, and grandson of John Sawbridge, Lord Mayor of London in 1775. John married Jane Frances Erle-Drax-Grosvenor, daughter of Richard Erle-Drax-Grosvenor, in 1827. On 13 August 1828, his wife's brother Richard Erle-Drax-Grosvenor died unmarried, and he succeeded to her family estates, including Charborough House, assuming the surname of Erle-Drax. He was a captain in the East Kent Militia,