Suzlon Group-subsidiary, REpower Systems, has concluded two contracts with ABO Wind for the supply of 13 wind turbines that will be installed for two wind farms in Burgundy. The wind farms will generate a total output of over 26 MW.
Olivier Perot, REpower S.A.S. Managing Director, said: “These wind farms Pune:strengthen our position in the Burgundy region which is very dynamic in wind energy.”
Clamecy wind farm with six MM 92 type wind turbines is located in la Nièvre department, while seven turbines are destined for the wind farms of Migé and Escamps, located in Yonne departement. The first machines will be delivered for fall 2013 and the commissioning is planned for winter 2013/14. REpower will also provide the full maintenance of the wind farms for 15 years.
“Both wind farms in Burgundy are consequently realising the idea of citizen participation," Patrick Bessière, Manager of ABO Wind SARL in Toulouse, said. Two turbines of the project Migé-Escamps will be owned by ABO Invest, held by 20 per cent of its shares by ABO Wind and the remaining 80 per cent by more than 2,000 citizens. The company operates seven wind farms in France, Germany and Ireland.
ABO Invest will further acquire 65 per cent of the wind farm Clamecy. The remaining 35 per cent will be held by a local corporation consisting of municipalities as well as citizens and the local energy utility Intercommunal d'Energies d'Equipement et d'Environnement dela Nièvre (SIEEEN).
The Suzlon stock hit a new 52-week low of Rs 10.40 on the BSE in morning trade today.
Keywords: Suzlon, REpower Systems, ABO Wind, Suzlon bags new wind farms order, Suzlon Burgundy order, Suzlon stock, Suzlon shares
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