Over the last couple of announcements several references have been made about the wind assets in Europe. We know the Europeans are desperate to get their hands on theses assets are are willing to pay a premium. Hence BNB excitement and constant reference to them. I believe that BBW will be offered a large premium for these assets, which make up 1/3 of BBW wind. This means wind is been revalued and is most likely currently undervalued by the market. Time and sums will tell.
Perhaps buying BBW is the best way re-coop some of our losses on BNB.... but who knows....
BNB
babcock & brown limited
Over the last couple of announcements several references have...
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