Drax Priory Drax Priory Drax Priory was an Augustinian priory at Drax in North Yorkshire, England, founded between 1130 and 1139 by William Paynel. The Priory has sometimes been called an abbey, though this is judged to be incorrect. Permission was given to crenellate the priory in 1362. The Priory was run down in 1535 with the Dissolution of the Monasteries and the land was leased to Sir Marmaduke Constable to be used as a farm. In 1997, a geophysical survey and aerial imaging was undertaken which revealed wall lines of buried buildings and former ponds. The monks at Drax owned lands
Drax power station M&G UK Companies Financing Fund, £50 million from the UK Green Investment Bank, and £75 million Friends Life (underwritten by HM Treasury), as well as a £400 million credit facility. As of 2013 there were plans to install 1 million tonne per year wood pellets pelletizing plants at Morehouse Parish, Louisiana, and Gloster, Mississippi, which would be shipped by road and rail to the port of Baton Rouge, Louisiana then shipped in 50,000-tonne cargo ships to UK. In the financial report for 2013, Drax announced that an additional 2 million tons pelletisation capacity was being considered, likely to be built