TPG to acquire majority stake in Siemens Gamesa's onshore wind turbine business in India and Sri Lanka

The Competition Commission of India approved TPG's proposal to acquire a majority stake in Siemens Gamesa's onshore wind turbine generator manufacturing business in India and Sri Lanka, with minority investments from MAVCO Investments and Prashant Jain.

“CCI approves acquisition of business relating to onshore wind turbine generators from Siemens Gamesa Renewable Power Pvt. Ltd. and Siemens Gamesa Renewable Energy Lanka (Pvt) Ltd by Peony Properties, TPG REGen, Mavco Investments, Tikri Investments and SGRE.”theweek.in

• 2 sources
• theweek.inCCI okays TPG's proposal to acquire majority stake in Siemens Gamesa's biz- The WeekPTIJul 15, 2025
• money.rediff.comCCI Approves TPG's Siemens Gamesa Stake Acquisition: Rediff MoneynewsRediff Money DeskJul 15, 2025

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