THE man who masterminded the recovery and reorganisation and then flotation of Drax power station yesterday stepped down from the company.

Chairman Gordon Horsfield retired from the board of the Yorkshire power station at its annual general meeting held in London. He will be replaced by Charles Berry.

Mr Horsfield told shareholders that last year Drax received total revenue from electricity generation of £1.25bn with gross profits of £701m and earnings before interest, tax, depreciation and amortisation o......for the full story register now for free or login below...