Dalrymple Bay Coal Terminal will remain in the control of Prime Infrastructure (formerly Brown & Babcock Infrastructure) despite the acquisition of a 49.9% by Canada’s Brookfield Asset Management.
Brookfield has taken the DBCT stake as part of a A$1.8B bail-out of BBI that has also seen the Canadian company secure outright ownership of Britain’s PD Ports. But Prime has given assurances that it has no intention of selling down its remaining holding in the world’s third largest coal terminal and is again considering expansion options....
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This complete item is approximately 200 words in length, and appeared in the November/December 2009 issue of CoalTrans International, on page 10.
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