Suzlon sells German unit Senvion for $1.2 billion to cut debt
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.
Jan 22, 2015, 20:52 PM IST
Suzlon slips on revenue worries post Euro 1-billion sale of Senvion
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.
Jan 22, 2015, 18:36 PM IST
Suzlon shares soar 16% on Senvion sale rumours; co denies
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".
Jan 07, 2015, 21:23 PM IST
Suzlon Energy denies German unit sale report
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".
Jan 07, 2015, 20:36 PM IST
Suzlon shares up 9% as subsidiary bags contracts
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.
Dec 22, 2014, 19:14 PM IST
Suzlon to invest Rs 15,000 cr for 2,000 MW wind projects in MP
The world's fifth largest wind turbine supplier Suzlon Energy will invest close to Rs 15,000 crore in the next five years to set up power projects of 2,000 MW capacity in Madhya Pradesh.
Oct 09, 2014, 18:44 PM IST
Accelerated depreciation move to create 20,000 jobs/year: Suzlon
Hailing the government's move to restore accelerated depreciation in the wind energy space, turbine maker Suzlon Energy said the step will help in creating 20,000 jobs annually in the sector.
Aug 28, 2014, 18:19 PM IST
Suzlon to rebalance capital structure by March
Wind turbine maker Suzlon Energy plans to partially replace high cost rupee debt worth about Rs 9,000 crore with less expensive foreign funds in the current fiscal to rebalance its capital structure.
Aug 25, 2014, 21:14 PM IST
Suzlon board approves Rs 5,000 cr fund raising proposal
Suzlon Energy's board has approved a proposal to raise up to Rs 5,000 crore through the issue of securities.
Jul 26, 2014, 19:29 PM IST
Suzlon Energy rallies on restoration of depreciation rules
The gains add to Suzlon`s 3.6 percent gain in the previous session. Finance Minister Arun Jaitley said on late Friday that the government would amend the Finance Bill in this regard.
Jul 21, 2014, 15:16 PM IST
Suzlon plans to set up manufacturing plant in Brazil
The plant, expected to be open in 18 months, will have initial capacity of 400 megawatts a year.
Jul 20, 2014, 13:09 PM IST
Suzlon bondholders approve FCCB restructuring proposal
Wind turbine maker Suzlon Energy Thursday said its bondholders have approved the proposed restructuring of existing bonds including the terms and conditions of the new FCCBs.
Jul 10, 2014, 11:35 AM IST
