# 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.

- Type: Acquisition
- Announced: 2025-12-02
- Where: India
- Jobs: 1,000
- Status: completed
- Capacity: 12 GW
- Products: wind turbines, onshore wind energy
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Siemens Gamesa](https://endata.com/companies/1539.md) (target)
- [TPG](https://endata.com/companies/10791.md) (acquirer)
- [MAVCO](https://endata.com/companies/88845.md) (acquirer)
- [Vayona Energy](https://endata.com/companies/88846.md) (acquirer)

## Sources

- [tpg.com](https://www.tpg.com/news-and-insights/tpg-and-mavco-led-consortium-completes-acquisition-of-siemens-gamesas-wind-business-in-india-and-sri-lanka-forming-new-platform-vayona-energy), 2025-12-02: "Completion of acquisition marks establishment of Vayona Energy as a new independent company."

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