Suzlon Energy Ltd.

South African Department of Energy has approved the 135 MW Suzlon’s Cookhouse project in the Eastern Cape. This project will utilize Suzlon’s 2.1 MW turbines. The cookhouse wind energy facility is one of South Africa’s leading renewable energy projects, having received a positive record of decision from the department of environment for the erection of up to 200 wind turbines; enough to power over 88,000 homes.

Earlier this year, Suzlon announced its partnership with African Clean Energy Developments (ACED), African Infrastructure Investment Managers (a company held by Old Mutual Investment Group (South Africa) and Macquarie Capital) and AFPOC.

Working closely with its partner, the Industrial Development Corporation of South Africa and with its appointed Mandated Lead Arrangers, Standard Bank and Nedbank, ACED finalized a financing package which notably includes a significant portion of Broad Based Black Economic Empowerment ownership.

Suzlon is a pioneer in providing end-to-end wind power solutions for increasing demand for wind energy over the world. It has state of the art R & D centers and training campuses in India. It believes in combining global experience with local expertise to maximize techno-economic value for their clients.