---
title: Seale Advised Celanese on the Divestiture of its Pampa Facility
description: Seale advises Celanese on the sale of its Pampa facility to Babcock & Brown, marking a strategic move in the chemicals industry.
---

[Transactions ](https://www.sealeassociates.com/experience/transactions)

# [Seale Advised Celanese on the Divestiture of its Pampa Facility](https://www.sealeassociates.com/experience/transactions/celanese-sold-its-pampa-facility-to-babcock-and-brown)

 Written by [Brett Carmel](https://www.sealeassociates.com/experience/transactions/author/brett-carmel) | Mar 1, 2007 2:00:00 PM

Seale & Associates announced that it acted as exclusive financial advisor to Celanese Corporation (NYSE: CE), a global hybrid chemical company, on the sale of its Pampa, Texas, facility to Babcock & Brown (ASX: BNB) for commercial power development.

Babcock & Brown will convert the world-class infrastructure at the Celanese facility into a new Pampa Energy Center with up to 800 megawatts of coal-based electric generation, and potentially including IGCC (Integrated Gasification Combined Cycle) electric generation as well as renewable energy. Specific terms of the transaction were not disclosed.

### About Celanese Corporation

Celanese Corporation, based in Dallas, Texas, is a global leader in the chemicals industry. Its products, found in consumer and industrial applications, are manufactured in North America, Europe and Asia. Net sales totaled US$6.7 billion in 2006, with approximately 60% generated outside of North America. The company employs approximately 8,900 employees worldwide. For more information, visit [www.celanese.com.](https://www.celanese.com/) 

### About Babcock & Brown

Babcock & Brown is an international investment and advisory firm with more than US$44 billion of total funds and assets under management as of December 31, 2006. Babcock & Brown has five operating divisions including real estate, infrastructure and project finance, operating leasing, structured finance and corporate finance.

Babcock & Brown's Infrastructure Division operates across a diversified range of assets including renewable fuels, renewable power, conventional power, transportation, energy distribution and transmission, and Public Private Partnerships.

### About Seale & Associates

Seale & Associates Inc. is a global investment banking firm with extensive experience in mergers and acquisitions, corporate finance advisory, and enterprise-level strategy consulting. Our professionals are trusted advisors maintaining a high level of quality and integrity while presenting innovative ideas and solutions to address our clients’ most complex dealings. For more information, visit [www.sealeassociates.com](https://www.sealeassociates.com/?hsLang=en).

 

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