Herald Sun,
Page: 44 Friday, 25 May 2007
WIND energy investor Babcock and Brown Wind Partners has completed a $1.68 billion refinancing of its global wind farm portfolio.
The refinancing will combine its project, asset and corporate level debt across three continents and five countries and nine wind regions into an efficient single corporate facility. The new multi-currency structure will have a single borrower for each region (Australia, Europe and USA), where it should be refinanced every two to three years.
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