Suzlon Energy must repay $172 million outstanding on such securities that were issued as part of a debt restructuring Investors in Indian corporate debt are watching whether a stressed wind-turbine maker will repay its dollar-denominated convertible bonds due Tuesday, and help avoid further widening of strains in the nation’s credit market. Suzlon Energy, which became […]
Brookfield may buy controlling stake in debt-ridden Suzlon Energy
Deals Buzz: Brookfield may buy controlling stake in debt-ridden Suzlon Energy In other news, Byju’s, India’s most valued ed-tech company, raised $150 million in its latest round of funding led by Qatar Investment Authority (QIA), the sovereign wealth fund of Qatar Mumbai: Mint brings you your dose of the top deals news, reported from newsrooms […]
Suzlon Energy sells two solar farms to ReNew Power
Renewable energy solution provider Suzlon Energy Ltd said that it has sold two of its solar farms — Shreyas and Aalok — to Ostro Energy Pvt Ltd, a wholly owned subsidiary of ReNew Power Services Ltd. “The company has received an aggregate consideration of Rs 10.13 crores on the sale of 26% of its existing […]
Suzlon falls 2% after selling two subsidiaries
At 1511 hrs, Suzlon Energy was quoting Rs 6.53, down 1.8 percent on the BSE. Shares of Suzlon Energy fell almost 3 percent intraday on March 28 after the renewable project developer completed the sale of two of its subsidiaries to CLP Wind Farms (India) Ltd (CLP). The company in its BSE release said that […]