Got it, Interesting that its ANZ buying are they one of the debt holders too.
"A wholly-owned subsidiary of ANZ Banking Group has offered to pay $130 million for Babcock & Brown Power's interests in two Western Australian power stations.
BBP announced late on Tuesday that it had signed binding agreements to sell its interests in the recently opened NewGen Kwinana Power Station and the Neerabup power station, currently under development, for gross proceeds of $130 million.
A spokesperson for BBP told WA Business News today that the purchaser was the ANZ Bank's infrastructure arm.
ANZ Infrastructure manages two trusts, including the Energy Infrastructure Trust, which has $750 million of energy-related utility and infrastructure assets under management, according to the bank's web site."
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really good news, page-18
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