Babcock & Brown Unloads Wind Energy

Lee, Michael
November 2008
Red Herring;11/17/2008, p3
Trade Publication
The article reports on the decision of global investment firm Babcock & Brown to sell its wind assets to Magnum Capital for $1.46 billion. The wind assets include 515 mega watts of operating windfarms in Portugal and an additional 156 mega watts of wind farms under construction. According to Antonio Lo Bianco of Babcock & Brown, the company is pleased to announce the sale.


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