Business Services Industry
B&B Power the winner in Alinta deal.
Australasian Business Intelligence, July, 2007
Byline: Vesna Poljak
Jul 03, 2007 (The Australian Financial Review - ABIX via COMTEX) -- Babcock & Brown Power will benefit from the division of the assets of Australian utility, Alinta. Babcock & Brown and Singapore Power are splitting the assets between their funds. Babcock & Brown Power will receive the generation assets, which will increase its exposure to the spot electricity market. It has forecast that its distribution for 2008 will be $A0.261 per share, up from a previous prediction of $A0.24 per share.
Publication Date: 4 July 2007
BABCOCK AND BROWN POWER - ASX BBP
ALINTA LIMITED - ASX AAN
SINGAPORE POWER LIMITED
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