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 Eggborough Eggborough is a village and civil parish of 750 homes, in the Selby district of North Yorkshire, England, close to the county borders with South Yorkshire, West Yorkshire and the East Riding. The village is situated at the intersection of the A19 and the A645, approximately east of Pontefract and south-west of Selby. It is also located close to the M62. Primary age children attend Whitley and Eggborough Primary School which lies in Learning Lane on the other side of the M62. Eggborough (as well as High and Low Eggborough) is mentioned in the Domesday Book and was formerly