Iberdrola,Union Fenosa Confirm Interest In Babcock


	Iberdrola,Union Fenosa Confirm Interest In Babcock

CohoctonWindWatch

6-18-2008 6:05 AM

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iberdrola, industrial wind, babcock & brown, wind turbines

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<P>Spanish power companies <ORG>Iberdrola SA<ORGID value="SpanishCats:IBE" 
/></ORG> (IBE.MC) and <ORG>Union Fenosa<ORGID value="SpanishCats:UNF" /></ORG> 
(UNF.MC) confirmed Wednesday they are interested in buying assets that 
<ORG>Babcock &amp; Brown Ltd.<ORGID value="Australia:BNB" /></ORG> (BNB.AU) and 
its satellite fund <ORG>Babcock &amp; Brown Wind Partners Group<ORGID 
value="Australia:BBW" /></ORG> (BBW.AU) are trying to sell.</p> <P><ORG>Iberdrola<ORGID value="SpanishCats:IBE" /></ORG> hasn't made a bid yet, 
however, an <ORG>Iberdrola<ORGID value="SpanishCats:IBE" /></ORG> press official 
said. The two Spanish companies had no talks on a joint bid, the official 
added.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/682FBC94-32C7-492B-9D4A-76F5ECD76188/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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