May 15, 2025ACQUISITIONIndia TPG-led consortium to acquire Siemens Gamesa's onshore wind business in India and Sri Lanka
A consortium led by TPG, Mavco Investments, and Prashant Jain has sought CCI approval to acquire Siemens Gamesa's onshore wind turbine generator manufacturing and service business in India and Sri Lanka. The deal was announced in March 2025.
Productsonshore wind turbine generatorswind turbine services
“The proposed combination pertains to the acquisition of the businesses relating to the manufacturing and assembly of onshore wind turbine generators and the operation, maintenance and technical services of wind turbines and/or onshore wind power projects from SGRE and Siemens Gamesa Renewable Energy”energy.economictimes.indiatimes.com
- 4 sources
- energy.economictimes.indiatimes.comTPG-led consortium seeks CCI nod to acquire Siemens Gamesa's wind biz, ETEnergyworldET EnergyWorldMay 20, 2025
- themachinemaker.comTPG Consortium Seeks Regulatory Approval to Acquire Siemens Gamesa’s Onshore Wind Business in India | Machine Maker - Latest Manufacturing News | Indian Manufacturing News - Latest Manufacturing News | Indian Manufacturing News - Machine MakerMM DeskMay 21, 2025
- eulawlive.comCommission clears acquisition of Siemens' Indian turbine generator business by Mavco, Mr Prashant Jain and TPG - EU Law LiveMay 21, 2025
- constructionworld.inTPG, Mavco to Acquire Siemens Gamesa’s India Wind BusinessCW TeamMay 23, 2025
Summarized from public sources; check the original articles before acting on it.
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