# 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.

- Type: Acquisition
- Announced: 2025-03-25
- Where: India and Sri Lanka, India
- Value: $500.0M
- Status: rumored
- Products: wind turbines
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Siemens Gamesa](https://endata.com/companies/1539.md) (target)
- [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)

## Sources

- [mnacritique.mergersindia.com](https://mnacritique.mergersindia.com/news/tpg-led-consortium-set-to-acquire-siemens-gamesa-renewable-power-for-500-550-million/), 2025-03-25: "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."
- [clearygottlieb.com](https://www.clearygottlieb.com/news-and-insights/news-listing/tpg-in-majority-stake-acquisition-of-siemens-gamesas-indian-wind-turbine-business), 2025-03-26: "TPG will acquire a majority stake in Siemens Gamesa’s onshore wind turbine generator manufacturing business in India and Sri Lanka."
- [tpg.com](https://www.tpg.com/news-and-insights/tpg-siemens-gamesa-mavco-and-industry-veteran-prashant-jain-enter-into-strategic-partnership-agreement-to-create-supplier-of-choice-for-onshore-wind-in-india), 2025-03-26: "TPG, a leading global alternative asset management firm, and Siemens Gamesa, a wind power subsidiary of Siemens Energy and leading wind turbine manufacturer, today announced they have entered into an agreement, under which TPG will acquire a majority stake in Siemens Gamesa’s onshore wind turbine ge"

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