Suzlon shares closed almost 13% higher in India today after a report claimed the group would seek to raise 100bn rupees ($1.67bn) by part-listing Senvion, its Germany-based turbine manufacturing subsidiary until recently known as REpower.
There have been several suggestions over the last few years that Suzlon – which is battling to restructure its finances amid big debts – sees a Senvion sale or float as part of the solution to its problems.
But
