Siemens Gamesa has chosen to transfer majority ownership to TPG, a partner with financial strength and extensive experience ...

TPG (NasdaqGS:TPG) is leading a consortium planning to acquire Siemens Gamesa Renewable Power, a move set against a turbulent market backdrop. The company's share price fell 14% last week, coinciding ...

In addition to TPG, MAVCO Investments—backed by members of the Murugappa Group family—and former JSW Energy CEO Prashant Jain will also invest as minority stakeholders.

Under the transaction, Siemens Gamesa will continue to hold a minority stake in the new company. On the deal, Ankur Thadani, a partner at TPG and head of climate, Asia, said in a statement ...

Cleary Gottlieb is advising TPG in its agreement with Siemens Gamesa, under which TPG will acquire a majority stake in Siemens Gamesa’s onshore wind turbine generator manufacturing business in India ...

Siemens Energy will sell 90% of its wind turbine business in India and Sri Lanka to an investor group led by the climate investment arm of buyout group TPG , in the latest move aimed at fixing its ...

A consortium led by private equity firm TPG is set to acquire wind turbine maker Siemens Gamesa Renewable Power at an enterprise valuation of $500-550 million (about Rs 4,280-4,700 crore), a media ...

TPG, a global alternative asset management firm, has agreed to acquire a majority stake in Siemens Gamesa Renewable Energy’s wind turbine generator businesses in India and Sri Lanka. Siemens ...

Siemens Energy will sell 90 per cent of its wind business in India and Sri Lanka to an investor group led by the climate investment arm of buyout group TPG, it said on Wednesday, in a push to focus on ...

This partnership solidifies TPG, MAVCO, Siemens Gamesa and Mr. Prashant Jain’s commitment to scale renewable energy solutions across India, Sri Lanka and other global markets.