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
Eggborough power station February 2016 it was announced that the plant would continue to operate for at least another twelve months through to March 2017. On 1 August it was announced that a further unit would be available to run commercially from mid September 2016. Units 1 & 2 will generate for National Grid under the Supplementary Balance Reserve contracts providing 775 MW Unit 4 returned to commercial operation on 16 September 2016 to generate 440 MW into the wholesale market following six months of deep maintenance. On 26 August 2016 Eggborough Power Limited (EPL) proposed to develop a new Eggborough Gas-Fired Power