Wind Power
Mergers and Acquisitions Deal Analysis - FCC to Acquire Wind Power Assets from Babcock & Brown Wind Partners [D] [o] [w]
GlobalData (Digital) MarketResearch.com 2008-11-28
Release date: 2008-11-28
Price:
$500.00
$500.00
The year 1868-a South Texas riverboat captain made history bringing about the first barb wired enclosed ranch the world had ever seen. Today ...
AEP SWEPCO Signs Wind Power Purchase Agreements for 359 Megawatts
Subsidiary Southwestern Electric Power Co. (SWEPCO) has signed long-term power purchase agreements for a total of 358.65 megawatts (MW) of renewable energy from wind projects in Texas, Oklahoma and Kansas. Together with a 49.2-MW agreement signed by the Oklahoma Municipal Power Authority, SWEPCO and its affiliates have exceeded the 400-MW renewable energy commitment in a recent settlement of legal issues involving the John W. Turk Jr. Power Plant.
The agreements will more than quadruple SWEPCO's wind energy portfolio. The new series of 20-year agreements includes:
Three contracts totaling 201.25 MW from Canadian Hills Wind, LLC, owned by Apex Wind Energy Holdings, LLC and located in Canadian County, west of Oklahoma City, Okla.
Wind Power
That is, until you realize the shooter (in this case Wall Street) is rolling a pair of “loaded” dice. In recent months, heavy hitters like The Blackstone Group, General Electric and T. Boone Pickens have stealthily invested billions into a single renewable energy source. JP Morgan Chase revealed that it’s holding a $1 billion stake in the very same investment. Some of the hottest wind companies in the United States still remain private, and many of the smaller companies producing wind power and equipment remain speculative investments because of their risk. Many of the biggest players in wind power – like GE – have large wind divisions within larger conglomerates....
News
Weekly Investor RoundupSustainableBusiness.com - May 21, 2010
CEO Mike Garland said the company is now well-funded to pursue opportunistic acquisitions, such as the acquisition of Babcock & Brown's wind developmentSan Francisco Business Times - May 17, 2010
Private Equity firm Riverstone Holdings bought the San Francisco-based wind development subsidiary from Babcock & Brown in 2009. It invested $400 million in
Sydney Morning Herald - May 17, 2010
This includes $1.3 billion worth of real estate, $850 million worth of transport equipment and $703.7 million worth of power-generating assets, mostly windBusinessWeek - Apr 28, 2010
Infigen, formerly known as Babcock & Brown Wind Power, dropped 3.9 percent today to 99 Australian cents at the market's close, while the S&P/ASX 200 IndexStrategyEye - May 05, 2010
Last year, NextEra paid USD353m to acquire three operational wind farms from Babcock & Brown. The projects have a combined capacity of 184.5MW.