“We are looking at it,” said Frank Mastiaux, head of E.ON’s renewables unit, referring to Babcock & Brown’s possible sale of its European windfarms, the magazine reported. An E.ON spokesman declined to comment. Babcock & Brown said at the end of February it would consider selling its European windfarm assets and appointed Deutsche Bank and JPMorgan Chase to run the sale. Capital magazine said the windfarms are worth €3 to 4 billion, but did not say how it arrived at that valuation. (Reuters)
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
