New South Wales, Australia [RenewableEnergyAccess.com] Babcock & Brown Wind Partners (BBW) plans to buy 100 percent of the Eifel wind farm in Germany, which consists of four sites located in the southwestern region of the Rhineland-Palatinate in the Federal Republic of Germany, for USD$11 million.The Eifel wind farm has 18 Nordex turbines in operation or under construction and the opportunity for another four turbines. There are currently 15 turbines, with a combined capacity of 22.5MW, in operation. A further three turbines, with a combined capacity of 4.5 MW, are currently under construction and expected to commence operation in early 2006. Subject to satisfactory conditions precedent relating to construction and operation being met, an additional four Enercon turbines would have a combined capacity of 8 MW taking the total expected capacity for the farm to 35 MW, with an estimated long-term energy production of 69.7 GWh per year. “We are very happy to make this acquisition which is in line with our stated investment strategy and provides BBW with an asset in an established wind farm precinct of Germany, the world’s largest wind energy market,” said Peter O’Connell, BBW CEO. “Most importantly, we expect the returns from this acquisition will be accretive to investors.” The electricity produced will be sold on a 20-year “take and pay” basis to the local electricity utility in accordance with the relevant fixed tariff provision of Germany’s renewable energy legislation. Operating and Maintenance contracts in place with Nordex (for those turbines already in operation or under construction) and Enercon (for the four proposed turbines) will ensure production performance and control of costs. The transaction is expected to be completed in late January 2006 and will be funded from proceeds raised in the recent IPO of BBW. “The acquisition of Eifel takes the total installed capacity of BBW to 706.6 MW with an estimated long term mean energy production of approximately 2,250.7 GWh per annum,” said Peter Hofbauer, Global Head of Infrastructure for Babcock & Brown and Chairman of BBW.