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

Could New Desert Plan Spell The End Of California Wind Energy Development?

The California Wind Energy Association says it is disappointed with the draft Desert Renewable Energy Conservation Plan, which was recently released by state and federal agencies.


New U.S. House Bill Includes Wind PTC Extension

U.S. representatives have introduced the Bridge to a Clean Energy Future Act of 2014, which would extend the production tax credit (PTC) and other provisions through 2016.


Utility-Scale Wind And Solar Keep Getting Cheaper

A new study measures the levelized cost of energy from various technologies and suggests that the costs of utility-scale wind and solar power are catching up with those of traditional sources, even without subsidies.


The Song Remains The Same: Ontario Seeks More Science Before Lifting Offshore Ban

The Ontario government says the nearly four-year-old offshore wind moratorium will remain in place until the province fully understands the technology’s impact on the environment.


Why States Should Adopt A Renewable Portfolio Standard

A new study analyzes the potential benefits of state renewable energy mandates, as well as recommends what such policies should include.

Canwea_id1984
Renewable NRG_id1934
UnitedEquip_id1995
Future Energy_id2008