TPG and MAVCO-led consortium completes acquisition of Siemens Gamesa's wind business in India and Sri Lanka

A consortium led by TPG and MAVCO completed the acquisition of Siemens Gamesa's onshore wind business in India and Sri Lanka, forming a new independent company called Vayona Energy. The company has a portfolio of over 12 GW and a workforce of approximately 1,000 professionals.

“Completion of acquisition marks establishment of Vayona Energy as a new independent company.”tpg.com

• 1 source
• tpg.comTPG and MAVCO-led Consortium Completes Acquisition of Siemens Gamesa’s Wind Business in India and Sri Lanka, Forming New Platform Vayona Energy | TPGDec 2, 2025

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