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Shanghvi, associates make open offer for 26% stake in Suzlon

Last Updated: Monday, February 16, 2015, 17:41

Within days of committing to invest in wind turbine maker Suzlon, Dilip Shanghvi Family and Associates have made an open offer to buy another 26 percent stake for Rs 2,837 crore in the company.

Dilip Shanghvi to buy equity worth Rs 1,800 crore in Suzlon

Last Updated: Saturday, February 14, 2015, 08:42

Wind turbine maker Suzlon Energy has signed definitive agreements with Dilip Shanghvi Family and Associates (DSA) for equity investments of Rs 1,800 crore.

Suzlon sells German unit Senvion for $1.2 billion to cut debt

Last Updated: Thursday, January 22, 2015, 20:52

Suzlon Energy, one of the world's largest wind-turbine makers, Thursday announced the sale of its German subsidiary for 1 billion euros (USD 1.2 billion) to pare its mounting debt.

Suzlon slips on revenue worries post Euro 1-billion sale of Senvion

Last Updated: Thursday, January 22, 2015, 18:36

Shares of Suzlon Energy slumped 7.5 percent on Thursday after the wind turbine maker announced the sale of its German unit, Senvion SE to US firm Centerbridge Capital Partners LLC for 1 billion euros to cut debt.

Suzlon Energy to sell German unit for $1.16 billion

Last Updated: Thursday, January 22, 2015, 10:17

Wind turbine maker Suzlon Energy Ltd said it had agreed to sell its German unit Senvion SE to Centerbridge Partners LP for 1 billion euros ($1.16 billion) in an all-cash deal that will help the group reduce its debt.

Suzlon plans Rs 24K cr investment in Gujarat, to halve rupee debt

Last Updated: Saturday, January 10, 2015, 19:50

Debt-laden wind turbine maker Suzlon today announced its plans to invest Rs 24,000 crore over the next 5 years on energy projects to generate 3,000 mw in Gujarat and said the company's rupee debt will be halved at Rs 4,000 crore by the end of the current fiscal.

Suzlon shares soar 16% on Senvion sale rumours; co denies

Last Updated: Wednesday, January 7, 2015, 21:23

Suzlon Energy shares Wednesday surged over 16 percent amid reports that the company is looking to sell its German subsidiary Senvion even as the wind turbine maker termed them as "false and speculative".

Suzlon Energy denies German unit sale report

Last Updated: Wednesday, January 7, 2015, 20:36

Suzlon Energy Ltd said a media report on Wednesday that the wind turbine maker was in talks with potential buyers for an about $2.5 billion sale of its German unit was "baseless and false".

Suzlon shares up 9% as subsidiary bags contracts

Last Updated: Monday, December 22, 2014, 19:14

Shares of Suzlon Energy rose by nearly 9 percent Monday after group firm Senvion SE bagged orders worth over Rs 420 crore for setting up wind power projects having nearly 64 MW capacity in the UK.

Suzlon unit REpower bags contracts from Germany

Last Updated: Wednesday, December 11, 2013, 13:32

Wind turbine maker Suzlon Energy today said its subsidiary REpower Systems SE has bagged orders for setting up windfarms totalling a capacity of 266 MW in Germany.

Suzlon Energy to launch new offshore wind turbine

Last Updated: Monday, November 18, 2013, 13:44

Wind turbine maker Suzlon Energy Monday said it will launch a new offshore turbine that will help in yielding more power.

Suzlon subsidiary REpower becomes Senvion

Last Updated: Thursday, October 31, 2013, 18:59

Wind turbine maker Suzlon Energy Thursday said it has renamed its subsidiary REpower as Senvion.