B&B Power says not interested in NSW power assets

Thu May 22, 2008 10:51pm EDT
 
[-] Text [+]

MELBOURNE, May 23 (Reuters) - Babcock & Brown Power Ltd (BNB.AX) Chief Executive Paul Simshauser said the group has little interest in the planned privatisation of power assets by Australia's New South Wales state government.

"We've got a lot on our plate at the moment, and we need to focus on making sure we've got our existing assets in a safe and stable shape that we're comfortable with," he told analysts and reporters. ($1=A$1.05) (Reporting by Sonali Paul)

 
Join the Reuters Consumer Insight Panel and help us get to know you better

Join the Reuters Consumer Insight Panel and help us get to know you better