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
Drax Group unloaded from truck or train, biomass pellets are stored in the two 40,000 tonne domes at the port. From there, they are loaded onto ships for transport to UK ports at Kingston upon Hull, Immingham, Port of Tyne and Liverpool. Haven Power is an electricity supplier and part of the Drax Group. The company supplies primarily to commercial and business customers. Opus Energy Limited supplies gas and electricity to businesses across the United Kingdom. Drax Group Drax Group plc is a British electrical power generation company. The Group is made up of upstream and downstream enterprises. The principal downstream enterprises