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San Francisco-based Babcock & Brown, a global investment and advisory firm that has more than 1,000 MW of wind energy projects and more than 3,000 MW in development worldwide, has announced that it is buying Houston-based Superior Renewable Energy LLC, a producer of wind generators for electric utilities.

The deal for Superior, which was initially capitalized by Denver's CHx Capital LLC, includes Superior's pipeline of development projects, the companies say.

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