Australian financial group Babcock and   Brown announced plans to list its partially owned investment vehicle,   Global Wind Partners, on the Australian Stock Exchange. The company will be   renamed Babcock and Brown Wind Partners (BBWP) and  market capitalisation expected to be in the region of AUD   657m-692m.

The newly-listed Babcock & Brown Wind Partners (BBWP) will initially hold stakes in 15 wind farms across Europe, the United States and Australia, with combined generation capacity of 672 MW.

This is one of the widest geographical wind portfolios I've ever seen - a good thing. Each nation's annual wind output can vary hugely, as in Europe in 2003.