Suzlon raises stake in REpower to 73.71%

Monday, January 5th, 2009No Comments
Categorized Under: Germany, India Post added by Adrian Paz

Suzlon Energy Limited (SEL), the world’s fifth leading and India’s largest wind turbine manufacturer* announced the acquisition of the first tranche of Martifer Group’s stake in REpower for a payment of approximately Euro 65 mn. The transaction takes Suzlon’s holding in REpower to 73.71%. Suzlon already holds 91% voting rights in REpower through an existing agreement with Martifer.

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