TPG-led consortium to acquire Siemens Gamesa Renewable Power for $500-550 million

A consortium led by TPG, along with Vellayan Subbiah and Prashant Jain, is set to acquire Siemens Gamesa Renewable Power for an enterprise valuation of $500-550 million. Siemens Energy AG will retain a small stake.

“A consortium led by TPG, along with industrialist Vellayan Subbiah of the Murugappa Group and former JSW Group senior executive Prashant Jain, is poised to acquire Siemens Gamesa Renewable Power for an enterprise valuation of $500-550 million.”mnacritique.mergersindia.com

• 3 sources
• mnacritique.mergersindia.comTPG-led consortium set to acquire Siemens Gamesa Renewable Power for $500-550 million | M&A CritiquemnacritiqueMar 25, 2025
• clearygottlieb.comTPG in Majority Stake Acquisition of Siemens Gamesa’s Indian Wind Turbine Business | News | Cleary GottliebMar 26, 2025
• tpg.comTPG, Siemens Gamesa, MAVCO and Industry Veteran Prashant Jain enter into strategic partnership agreement to create supplier of choice for onshore wind in India | TPGMar 26, 2025

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