Friday, 31 March 2006

Babcock & Brown Buys Wind Farms

This action by Babcock & Brown appears to explode the myths that wind farm developments in Europe are declining and are not economically viable...

The Australian Financial Review, Page: 76
Friday, 31 March 2006

Babcock & Brown Wind Partners has bought three wind farms under development in northern France for EU30 million ($51.1 million) plus transaction and tax costs. Also, Wind Partners has a framework agreement to buy about 300 megawatts of wind farms in Germany between 2006 and 2009, giving it a development portfolio of some 1000 megawatts in Europe and the US. James Hall.

For further details see the Babcock and Brown web site..

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