# 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.

- Type: Acquisition
- Announced: 2025-07-15
- Where: India and Sri Lanka, India
- Status: announced
- Products: onshore wind turbine generators
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Siemens Energy](https://endata.com/companies/6803.md) (partner)
- [TPG](https://endata.com/companies/10791.md) (acquirer)
- [Mavco Investments](https://endata.com/companies/81138.md) (investor)
- [Siemens Gamesa Renewable Power](https://endata.com/companies/83699.md) (target)
- [Prashant Jain](https://endata.com/companies/83732.md) (investor)
- [Siemens Gamesa Renewable Energy Lanka](https://endata.com/companies/86017.md) (target)

## Sources

- [theweek.in](https://www.theweek.in/wire-updates/business/2025/07/15/dcm112-biz-cci-tpg-siemens.html), 2025-07-15: "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."
- [money.rediff.com](https://money.rediff.com/news/market/cci-approves-tpg-s-siemens-gamesa-stake-acquisition/30230020250715), 2025-07-15: "CCI approves TPG's acquisition of a majority stake in Siemens Gamesa's onshore wind turbine business in India and Sri Lanka."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.