Suzlon Wind Energy Corp., the North American subsidiary of Suzlon Energy Ltd., has appointed Marathon Capital LLC, a renewable energy-focused investment bank, to explore and identify innovative financing strategies for wind turbines and associated costs.
The companies believe there are significant opportunities for the U.S. wind market, despite the current economic climate. This partnership is designed to help address some of the financial challenges, they add.
‘Suzlon views this endeavor as an opportunity to innovate, identify and progress customer financial solutions,’ says Andris Cukurs, CEO of Suzlon Wind Energy Corp. ‘This partnership is directed at addressing the financing issues faced by many wind development firms in the existing financial environment, while emphasizing our customer service commitment.’
SOURCE: Suzlon Wind Energy Corp.
