TPG is in advanced talks to buy Siemens Energy's Gamesa unit's Indian wind assets for over $300 million.

TPG, a private equity firm, is in advanced talks to buy Siemens Energy's Gamesa unit's Indian wind energy assets for over $300 million. Siemens Energy is looking to sell its Indian operations to focus on profitability, and TPG is among several interested parties including JSW Energy and Inox Wind. The deal would include the operations, maintenance, and manufacturing of wind turbines in India.

November 26, 2024
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