Assets
Babcock & Brown Power (BBP) is a specialist infrastructure entity which provides exposure to an electricity generation portfolio. BBP's underlying business strategy is focused upon growth in Securityholder returns through the proactive management of the existing portfolio, and through the construction and acquisition of additional power generation assets and associated businesses in Australia and internationally.
BBP's portfolio comprises 12 operating power stations, representing approximately 3,000MW of base load, intermediate and peaking power generation. With the acquisition of the Alinta assets, BBP also owns 100% of the Alinta retail gas business (previously AlintaAGL), the largest gas retailer in WA, and a minority interest in a gas pipeline.