TPG-Led Consortium Completes Acquisition of Siemens Gamesa’s Wind Business in India and Sri Lanka

Reuters12-02

TPG-Led Consortium Completes Acquisition of Siemens Gamesa's Wind Business in India and Sri Lanka

A consortium led by TPG and MAVCO has completed the acquisition of Siemens Gamesa's onshore wind business in India and Sri Lanka, establishing a new independent company named Vayona Energy. According to the announcement from Vayona Energy, the newly formed platform will serve as a leading wind turbine original equipment manufacturer in India and South Asia, aiming to accelerate the transition to renewable energy. The transaction brings together Siemens Gamesa's manufacturing and technology expertise with new strategic capital and local partnerships, positioning Vayona Energy for expanded growth and high-impact projects in the region.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TPG Inc. published the original content used to generate this news brief on December 02, 2025, and is solely responsible for the information contained therein.

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