Monday, 5 November 2007

Answer's in the wind

Courier Mail
Tuesday 30/10/2007 Page: 59

Babcock and Brown Wind Partners reached the second stage of a state government process to sell operating and planned wind farms. Final bids for the assets, which have a capacity of 177MW, are due by November 19 and the company is obtaining regulatory approvals before submitting an unconditional offer.

The State Government is selling assets including the 70MW Mount Millar Wind Farm and 50 per cent of the 79MW Emu Downs Wind Farm. TRUEnergy and a venture between it and Roaring 40s Renewable Energy have also applied for clearance to buy the assets, the Australian Competition and Consumer Commission says. Other potential bidders are tipped to be AGL Energy, Origin Energy and Transfield Services.