Tag Archives: Centerbridge Partners

Suzlon completes sale of german wind power Senvion

Centerbridge Partners has completed its acquisition of Hamburg, Germany-based turbine manufacturer Senvion. According to Senvion, all of the necessary administrative, legal and financial preparations for the transfer of ownership are now completed, and the relevant antitrust authorities have approved the deal. On Jan. 22, Senvion was sold to Centerbridge by Suzlon. Senvion, which will remain … Continue reading Suzlon completes sale of german wind power Senvion

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Suzlon Sells Senvion for $1.16 Billion

Suzlon Energy Ltd. , one of the world’s largest wind-turbine makers, has sold it its German subsidiary, Senvion SE, in a billion-dollar deal, making it the latest Indian company to unload assets to shed debt. Suzlon said Thursday that the U.S.-based private-equity fund Centerbridge Partners LP had bought the German company for 1 billion euros … Continue reading Suzlon Sells Senvion for $1.16 Billion

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