Robin Banerjee

Suzlon Rebounds as Loans Promise to Avert Default

Suzlon Energy Ltd.’s convertible bonds are rebounding from a four-month low after India’s biggest wind-turbine maker obtained loan pledges to avoid default in the coming three weeks.

Suzlon Plans to Raise as Much as $500 Million, Sell Bonds

Suzlon Energy Ltd. plans to raise as much as $500 million, including through a bond sale, to meet debt payments in June, its finance chief said.

Suzlon Loses Second Top Manager as Repower Finance Chief Quits

Suzlon Energy Ltd., India’s biggest wind turbine maker, lost its second senior manager in less than a month after the chief financial officer of its German unit Repower SE resigned.

Suzlon Says Orders `Absolutely Sufficient' to Repay $2.2 Billion in Loans

Suzlon Energy Ltd. , the world’s third-biggest maker of wind turbines, said it’s booking orders fast enough to resume making payments on 100 billion rupees ($2.2 billion) in borrowings next year.

India’s Suzlon Energy Posts Quarterly Profit for First Time Since End 2009

Suzlon Energy Ltd. , India’s largest wind-turbine maker, posted a quarterly profit for the first time since December 2009 on strong orders and better cost controls.

Suzlon Says It Can Pay Bondholders, European Orders Safe

Suzlon Energy Ltd., India’s biggest wind-turbine maker, said it can pay bondholders if necessary next year when $389 million in convertible debt matures and that its orders are shielded from the European debt crisis.

Suzlon Says German Unit Is Shielded From European Debt Crisis

Suzlon Energy Ltd., India’s biggest wind-turbine maker, said it can pay bondholders if necessary next year when $389 million in convertible debt matures and that its orders are shielded from the European debt crisis.

Suzlon CFO Quits, Following Vestas Top Staff, as Losses Expand

Suzlon Energy Ltd.’s chief financial officer quit as widening losses at India’s biggest wind-turbine maker jeopardize its ability to meet debt repayments this year.

India's Power-Grid Bottleneck May Get Funding in Federal Budget Next Week

Indian clean-energy companies said the government’s budget next week may provide funding for extending electricity lines to plug an infrastructure gap that threatens to isolate new wind farms and solar plants.

Suzlon Repower Unit

Suzlon Energy Ltd., Asia’s third- biggest wind-turbine maker by sales, is studying options for its German Repower Systems SE subsidiary, including a sale or listing a stake, people with knowledge of the matter said.

"We believe we can handle the situation as and when it arises."

- Robin Banerjee on Oct 23, 2011

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