TPG, leading a consortium with investors like Murugappa Group’s Vellayan Subbiah and ex-JSW Group’s Prashant Jain, is set to acquire Siemens Gamesa Renewable Power for $500-550 million. Siemens Energy AG will retain a small stake. Last year, TPG was the front-runner in acquiring Siemens Energy's Indian Wind Energy assets, outbidding other firms.
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