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

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 ...

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 with a ...

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 ...

The agreement between Siemens Gamesa and TPG includes the manufacturing, installation and service of onshore wind turbines in India and Sri Lanka. As part of the business transfer agreement, Siemens ...

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.

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 with a broader ...

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 ...

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 ...

Private equity firm TPG along with other investors are set to acquire Siemens Gamesa Renewable Power for a valuation of $500-550 million, a report by The Economic Times said on March 25.

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 ...