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

Mint first reported that Germany’s Siemens Energy AG had put Siemens Gamesa’s India wind turbine unit for sale to cut losses and return its global wind turbine business to profitability by 2026.

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.

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 ...

Siemens Energy will sell 90% of its wind turbine business in India and Sri Lanka to an investor group led by the climate ...

The new renewable energy venture will include investments from TPG, MAVCO Investments, and industry veteran Prashant Jain ...

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 Gamesa will sell 90% of its wind business in India and Sri Lanka to a group of investors led by US alternative asset ...

US buyout group TPG, through its Rise Climate fund, acquires a majority stake in Siemens Gamesa's onshore wind turbine manufacturing business in India and Sri Lanka. The investment aims to revitalise ...

Siemens Energy will sell 90% 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 what it ...