Wind Energy: Babcock & Brown Acquires Superior Renewable Energy

San Francisco, California [] Babcock & Brown Renewable Holdings Inc., a subsidiary of Babcock & Brown, investors in wind energy power projects in the U.S. and around the world, acquired 100% of the membership interests of Superior Renewable Energy LLC, a wind energy developer engaged in the greenfield development of utility-scale wind energy facilities. The acquisition includes Superior’s pipeline of development projects that consists of near, medium and long-term prospects. Superior’s capabilities will enhance Babcock & Brown’s ability to support its renewable energy development partners and clients with additional resources.

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