Suzlon rejects dependency on Vestas bid
"We continue to work on significant debt reduction alongside with our lenders," the crisis-stricken Indian turbine maker says following the retreat of potential buyers.
Last week, Vestas allegedly handed Suzlon a basket. Meanwhile, not a basket that the Indian wind turbine manufacturer put all its eggs into. Because despite negotiations with not only its Danish competitor, but also Canada's Brookfield, being said to have come and gone without any concrete purchase offers, the debt-ridden company maintains that it's still working to find a solution.
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