Sunday, March 2, 2008

Announced on January 22 last by Areva, the acquisition of German group REpower specializes in wind power has been challenged by the Indian Suzlon Energy, the world number 5 wind turbines.

So Areva, already holder of 30% of the manufacturer, offered 850 million euros, the offer India offers 20% more, or 1.02 billion euros.

While the wind energy sector is growing at a global level, a failure french entraînerai a bottleneck for Areva in the supply of turbines.

REpower is one of the major players in the wind industry. The company specializes in the technology of high power turbines, particularly suited to the off-shore. It employs 7,402 people and announced a forecast turnover of 450 million euros in 2006. A major player on the European market, REpower is already well positioned globally (China, India, USA).

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