In addition to TPG, MAVCO Investments—backed by members of the Murugappa Group family—and former JSW Energy CEO Prashant Jain ...

US buyout group TPG, through its Rise Climate fund, acquires a majority stake in Siemens Gamesa's onshore wind turbine ...

Mint first reported that Germany’s Siemens Energy AG had put Siemens Gamesa’s India wind turbine unit for sale to cut losses ...

The agreement between Siemens Gamesa and TPG includes the manufacturing, installation and service of onshore wind turbines in India and Sri Lanka. As part of the business transfer agreement, Siemens ...

Siemens Energy (OTCPK:SMEGF) +1.7% in Wednesday's trading after rising to the top of Frankfurt's blue-chip index following news that it agreed to sell 90% of its wind turbine business in India and ...

FRANKFURT :Siemens Energy will sell 90 per cent of its wind turbine business in India and Sri Lanka to an investor group led by the climate investment arm of buyout group TPG, it said on Wednesday ...

Siemens Gamesa Renewable Energy, the Spanish subsidiary of German Siemens Energy AG, and a group of investors led by American TPG Inc. intend to jointly exploit the potential of the Indian wind energy ...

A consortium led by global alternative asset manager TPG has signed an agreement to acquire a 90% stake in Siemens Gamesa’s onshore wind turbine manufacturing business in India and Sri Lanka, the ...

Renewable energy company Siemens Gamesa will divest 90 per cent of its wind business in India and Sri Lanka to private equity (PE) firm TPG, investment firm Mavco, and industry veteran Prashant Jain ...

In a significant move to reshape its global renewables business, Siemens Energy has agreed to sell 90% of its wind turbine operations in India and Sri Lanka. The buyer is a climate-focused investor ...