Suzlon to sell 10% in Hansen for Rs 600 crore - India Renewable Energy Consulting – Solar, Biomass, Wind, Cleantech
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Suzlon Energy, the world’s fifth largest wind turbine maker, will sell 10 per cent of its stake in Belgium-based subsidiary Hansen Transmission for nearly Rs 600 crore, to funds managed by Ecofin, a London-based specialised investment firm.

The company will use majority of the proceed to fund its acquisition of stake in another Suzlon subsidiary, Germany based REpower Systems AG. The balance will be used for Hansen’s expansion plans in India and China, said sources close to the development.

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About Narasimhan Santhanam (Narsi)

Narsi, a Director at EAI, Co-founded one of India's first climate tech consulting firm in 2008.

Since then, he has assisted over 250 Indian and International firms, across many climate tech domain Solar, Bio-energy, Green hydrogen, E-Mobility, Green Chemicals.

Narsi works closely with senior and top management corporates and helps then devise strategy and go-to-market plans to benefit from the fast growing Indian Climate tech market.

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