Published On:April 3 2014
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Suzlon Energy acquires wind park in Illinois.

Suzlon Energy Ltd., India's largest wind turbine maker, has acquired Big Sky wind park from Edison Mission Energy in the US, Suzlon informed the exchanges recently, ending a dispute over receivables.

The acquisition was made through Suzlon's US subsidiary Suzlon Wind Energy Corp. (Sweco), set up to cater to the growing needs of the wind power market in North America.
While the financial details of the transaction have not been disclosed, two people close to the transaction said the deal had been struck for $220 million (around Rs. 1,300 crore).
Big Sky, a wind park in Illinois, has 114 S88 wind turbines. The acquisition makes Big Sky the biggest wind park owned by the Suzlon Group in the US.

Edison Mission Energy is engaged in the business of developing, acquiring, owning or leasing, operating and selling energy and capacity from independent power production facilities. It is a part of Princeton-based NRG Energy Inc., a Fortune 500 company.

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