BBW ahs announced that the Spanish Govt has given the OK to...

BBW ahs announced that the Spanish Govt has given the OK to proceed

Sale $1.42B profit $266m This is positive?

Does anyone know what BNB will derive from the sale??


Sydney - Wednesday - Oct 29: (RWE Australian Business News) -
Babcock & Brown Wind Partners (ASX:BBW) reports the Spanish regulatory
consents required as part of the sale of its Spanish wind energy
portfolio have now been obtained and it will proceed to financial close
in accordance with the terms of the sale.
As announced on August 21, BBW agreed to sell its portfolio of
operating Spanish wind energy assets with an installed capacity of
420.7MW to Formento de Construcciones y Contratas SA for a final EV sale
price of about $1.42bn, resulting in an estimated profit before
transaction costs for BBW of $266m.