Suzlon Group acquires Big Sky Wind Park in US

Suzlon Group has acquired Big Sky Wind Park in US from Edison Mission Energy, the company said today.

"Suzlon Group, through its wholly-owned subsidiary SWECO, has successfully acquired Big Sky Wind Park from Edison Mission Energy," the company said in a statement.

The wind park consisting of 114 turbines is located in Illinois, US.

"We are pleased to have worked with our long-time customer Edison Mission on this transaction," SWECO CEO Duncan Koerbel said.

However, the company did not disclose the financial details of the acquisition.

Meanwhile, Suzlon plans to commence production of its turbine of 2.1 mw capacity, designed for low wind speed sites, from this month.

The new machine will deliver a substantial increase in annual energy production, the company had said earlier.

Shares of Suzlon Energy were trading at Rs 11.45, up 1.06 per cent on the BSE.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • E-auction and eventual privatisation of coal industry are welcome steps

    The government’s decision to privatise the scam-ridden coal industry through a presidential ordinance will eventually end the monopoly of public sec

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Tushar Gandhi

Sustainable model for rural sanitation

Prime minister Narendra Modi has promised to build a toilet ...

Kuruvilla Pandikattu SJ

What we can learn from agnosticism

As an agnostic, the American writer David Breeden is aware ...

Shona Adhikari

When women to birds become a painter’s muses

This week the focus is on renowned artist Amitabha Banerjee, ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture