in News Departments > FYI
print the content item

Suzlon Wind Energy, a subsidiary of Denmark-based Suzlon Energy A/S, has made an offer to purchase the shares in REpower Systems AG, a wind turbine manufacturer based out of Germany.

The company made a cash offer of 126 euros per share, which is equivalent to 1.02 million euros, Suzlon says. According to a statement from REpower, the company's board is "at present not yet in the position to comment on the offer made by Suzlon Windenergie GmbH, especially with regard to its implication for employees, company sites or customers."

AREVA Group SA has issued a cash offer to REpower for the shares it does not already own for 105 euros per share, which equals 850 million euros. AREVA is the largest single shareholder of REpower, the company adds.


Trachte Inc._id1770
Latest Top Stories

Quebec Government Postpones Wind Power RFP; No New Date Scheduled

The request for proposals (RFP) is part of an overall 800 MW wind power tranche that will serve as a bridge to the next phase in the province's energy future.


Setting The Record Straight: How Many Birds Do Wind Turbines Really Kill?

Several peer-reviewed studies are more or less in agreement with avian mortality rates caused by wind turbines. However, one study, which is wildly off from the others, is most often cited in the media. Why?


Six Takeaways From The IRS' Start Of Construction Guidance: What You Need To Know

The IRS recently issued guidance to wind developers to further spell out what "start of construction" means. Will you be covered?


Eagle Take Permits For Wind Farms - Will They Fly?

Now that the U.S. Fish and Wildlife Service has issued the first permit allowing the legal take of eagles, can wind developers expect more certainty in the agency's application process?


Despite 2013 Challenges, U.S. Wind Power Reaches All-Time Low Price

In a new report, the U.S. Department of Energy details the highs and lows of the country's wind industry last year, and the agency maintains that the U.S. sector remains strong.

Renewable NRG_id1934
Canwea_id1984
Tower Conference_id1965
UnitedEquip_id1995