in News Departments > FYI
print the content item

The supervisory board and management board of REpower Systems AG, a Germany-based wind turbine manufacturer, have approved Suzlon's takeover offer of 126 euros per share, or 1.02 billion euros.

According to REpower, the company's boards recommended accepting the offer because Suzlon would be an appropriate strategic partner for the accelerated growth of the international wind energy industry. In addition, Suzlon's offer is 21 euros higher per share than AREVA's competing offer of 105 euros per share.

To view the "Statement of the Executive Board," visit repower.de/fileadmin/download/ir_uk/Stellungnahme_Vorstand_Eng.pdf.

IowaDeptEconDevel_id1863

Helukabel_id1908
Latest Top Stories

Bird Groups Target LEEDCo's Icebreaker Offshore Wind Pilot

Two bird conservation groups that helped halt a wind project earlier this year argue that Lake Erie Energy Development Corp.'s (LEEDCo) 18 MW offshore demo poses a major risk to regional wildlife.


Report Disputes U.S. Agency's Renewable Energy Projections

A new analysis from the Sun Day Campaign says renewables are slated to provide 16% of U.S. generating capacity by 2018 - over 20 years earlier than forecast by the Energy Information Administration.


Kansas Renewables Mandate Survives Yet Another Attack, But Is It Too Early To Celebrate?

Over the past three years, some legislators have tried to either weaken or repeal the state's renewable portfolio standard, which requires Kansas utilities to reach 20% renewables by 2020.


AWEA Highlights U.S. Wind Success Stories Of 2013

Despite a 92% drop in new capacity last year, the sector still has myriad reasons to celebrate, according to a new report from the American Wind Energy Association.


Feds List New Bird Species As Threatened - Should Wind Developers Be Worried?

The U.S. Fish and Wildlife Service is designating the lesser prairie-chicken as threatened under the Endangered Species Act. An expert explains how this might affect the wind industry.

WomenofWind_id
UEA_id1896
JLG_id1900
Acciona_id1907
bonfiglioli_id1913
AWEA_id1886