REpower's

The proposal to buy out the minority shareholders is expected to be passed at REpower's annual general meeting, scheduled for Sept. 21.

Suzlon Plans to Buy Remaining REpower Stake Saurabh Chaturvedi of Dow Jones Newswires 2011

This foreign currency debt had been lent by the foreign lenders against REpower's shares.

Suzlon's Uphill Struggle To Create A New Business 2011

AE-Rotor Holding Thursday informed REpower's executive board that it plans to buy out minority shareholders at €142.77 a share, Suzlon said in a regulatory filing.

Suzlon Plans to Buy Remaining REpower Stake Saurabh Chaturvedi of Dow Jones Newswires 2011

REpower's Chief Operating Officer Gregor Gnädig said the company has decided not to expand the heavy duty transport business and concentrate instead on its core expertise as a system supplier for wind power plants.

Suzlon's REpower Sells Logistics Unit 2011

REpower's French unit, REpower S.A.S., will supply 21 wind turbines each with a 2.05 megawatt capacity between March and June 2010, REpower said in a statement.

Repower Gets Wind Turbines Order 2009

But REpower rejected Suzlon's prototype for the initial blades for not meeting REpower's quality standards and obtained them from other suppliers, according to people familiar with the matter.

India's Suzlon Energy Is Buffeted by New Headwinds 2009

However, consolidated revenue rose 85% to 91.21 billion rupees amid the inclusion of REpower's financial results.

Suzlon Profit Slips; Job Cuts Considered 2009

Analysts applauded the tie-up, which will give Suzlon access to REpower's cutting-edge technology, including blueprints for large offshore wind turbines.

India's Suzlon Speeds REpower Takeover 2008

But Suzlon has been unable to draw on REpower's technology because of a strict German corporate law aimed at protecting minority shareholders.

India's Suzlon Speeds REpower Takeover 2008

But under German corporate law, Suzlon must offer to buy out minority shareholders before it can access REpower's designs -- a process that probably won't be complete until 2009.

Suzlon's Chief Resigns 2008