Suzlon Energy, the fifth largest wind energy turbine manufacturer in the world, has lined up the funds required to increase its stake in the German wind power equipment manufacturer REpower Systems AG.

<tr><td><p class='TableClas'></p><P class='TableClas'><DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>The wind major will be acquiring the combined 53 per cent stake held by two other shareholders- French energy major Areva and Martifer, a Portugal-based real estate business group. 
</p><p class='TableClas'>&#34We have firmed up euro syndicated loans to fund the buyout because we need to transact in euro&#34 said Tulsi R Tanti, chairman and managing director, Suzlon Energy.
</p><p class='TableClas'>While the exact price at which the shares will be bought out is not known, Tanti indicated that it would be close to 

Suzlon lines up funds to hike stake in REpower

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