Monday, March 31, 2008

Babcock & Brown to sell European wind facilities -- to itself

Hello, Enron!

The Financial Times reports (click on the title of this post) that Australian energy investor Babcock & Brown is hoping to cash in its European wind energy assets.

The likely buyer is Portuguese wind company Enersis, which is jointly owned by Babcock & Brown and Babcock & Brown Wind Partners.

Hmmm.

wind power, wind energy, wind farms