AREVA logo

AREVA and Suzlon conclude an agreement on REpower

Press release


May 24, 2007

The offer period for REpower ends this Friday 25th of May 2007. In consideration of the late point in time for a potential increase of its offer making it very unlikely that AREVA can obtain the majority of shares, the share price level reached (€168 today) and the very substantial value created by its initial investment, which has been multiplied by four, AREVA has decided not to go any further.

The group has concluded a cooperation agreement with Suzlon which includes the following terms:

  • it maintains its stake in REpower and continues supporting REpower;

  • it becomes preferred supplier of Suzlon in the field of electricity transmission and distribution;

  • it benefits from an exit guarantee ensuring a value creation of over €350M.
AREVA maintains its strategic objective of focusing on the development of renewable energies.


  • AREVA Press Office:
    Julien Duperray / Katherine Berezowskyj / Aurélie Grange / Jérôme Rosso 
    Tel: +33 1 34 96 12 15 - Fax: +33 1 34 96 16 54

  • AREVA Investors Relations:
    Manuel Lachaux
    Anne-Sophie Jugean
    Tél : +33 1 34 96 11 53