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Alstom Evaluates Buying Repower From Suzlon For 1.5 billion euros

According to reports, Alstom SA (ALO) is evaluating a potential offer for Repower Systems SE, the German wind turbine maker owned by Suzlon Energy Ltd. (SUEL) of India, Financial Times Deutschland said, without saying where it got the information.

Alstom has started talks with Suzlon, which may be willing to sell the unit for 1.5 billion euros ($2 billion), and Alstom has been granted exclusive access to performance data on the unit, the newspaper said.

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