BBP 0.00% 9.5¢ babcock & brown power

wonder why there has not been any news yet, page-5

  1. 600 Posts.
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    Relaxan just noticed your post on the 30 th- they made this announcement as part of the 12.01.2008 as part of the Alinta EATM sale- Who is purple?

    BBP expects to complete the sale of its interests in the Kwinana and Neerabup power stations during 1Q CY09, once the remaining conditions precedent are satisfied. Partial completion of the sale of interests in the Kwinana power station and internal funds have been used to repay $71 million of the $118 million BBPH facility to date. The remaining $47 million outstanding is expected to be repaid from internal funds and proceeds to be received on final completion of the asset sales.
    ENDS
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