(Reuters) - Babcock & Brown had not progressed very far with the project
and considered it only an option, said company spokeswoman
Kathleen Alderfer.
"It was not a fully formed project," said Alderfer. "We did
due diligence and we decided it was too expensive to produce
energy that way in that market. The East Coast may have more
success with that because their prices are
higher."
Read more at Reuters.com Bonds News
and considered it only an option, said company spokeswoman
Kathleen Alderfer.
"It was not a fully formed project," said Alderfer. "We did
due diligence and we decided it was too expensive to produce
energy that way in that market. The East Coast may have more
success with that because their prices are
higher."
Read more at Reuters.com Bonds News
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