Suzlon paying final due for REpower Systems

One of the leading Indian wind turbine maker Suzlon said on June 6, 2009 it has completed buying Martifier's stake in Germany's REpower Systems for $122 m.
In a notification to the Bombay Stock Exchange(BSE), Suzlon Energy, the world's fifth-biggest wind turbine maker, said after the completion of this deal, it now holds 90.72% of shares and voting rights in REpower Systems."The achievement of the purchase of Martifer's stake in REpower is a big milestone for Suzlon," Tulsi Tanti, chairman and managing director of Suzlon Energy, said in a statement.

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