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Manitowoc County wind farm sold to Babcock & Brown  

A company headquartered in San Francisco has bought seven wind farms under construction including a wind farm in Manitowoc County, according to news reports.

Babcock & Brown bought Navitas Energy Inc.’s wind farm under development for Two Rivers, Mishicot and Two Creeks. Babcock & Brown also bought wind farms from Gamesa Energy USA LLC.

The company did not disclose what it paid for the projects.

The seven projects will generate 750 megawatts, or enough energy to power 190,000 homes per year.

Babcock operates 20 wind farms in nine states.

Babcock was founded in San Francisco and is based in Australia. It is listed on the Australian Stock Exchange.

January 16, 2008

Herald Times Reporter

Information from: The Business Journal of Milwaukee

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

The copyright of this article resides with the author or publisher indicated. As part of its noncommercial effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.

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