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Friday, January 2, 2009

Suzlon Agrees to Sell 10% Stake in Unit Hansen to Ecofin

Suzlon Energy Ltd., India's biggest maker of wind-turbine generators, said it has agreed to sell a 10 percent stake in unit Hansen Transmissions International NV to London-based investment company Ecofin Ltd.

Ecofin will have a voting and equity interest in Hansen, a Belgian maker of wind-turbine gearboxes, of about 11.62 percent.

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