Solar

Suzlon Makes Counteroffer for REpower Systems AG

Hamburg, Germany [RenewableEnergyAccess.com] Suzlon Windenergie GmbH will make a counteroffer to the takeover offer for REpower Systems AG (WKN 617703) released by the French AREVA S.A. on 5 February 2007. The counteroffer by Suzlon Windenergie – an affiliated company of the Indian wind turbine manufacturer Suzlon Energy Ltd. and the Portuguese steel construction company Martifer, worth about Euro 1.02 billion.