Financial Times FT.com

Suzlon to invest $5bn in wind farms

By Fiona Harvey, Environment Correspondent

Published: September 25 2008 01:04 | Last updated: September 25 2008 01:04

The founder of Suzlon Energy, one of the world’s biggest makers of wind turbines, is to invest $5bn over the next five years in building and acquiring wind farms.

Tulsi Tanti will make the investment, funded partly through $3.5bn of debt, through Suzlon Green Power, a sister company to the turbine maker, owned by him and his family. The investment is one of the biggest to date in the wind market.

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