Siemens Energy sells most of Indian wind unit in latest revamp

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FRANKFURT/DUESSELDORF :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, in the latest move aimed at fixing its struggling renewables division. Siemens Gamesa, Siemens Energy's loss-making wind turbine division, holds a 30 per cent market share in India but had said it was considering strategic options for the business, citing cut-throat competition. "It's a very fragmented and

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Siemens Energy sells most of Indian wind unit in latest revamp https://www.channelnewsasia.com/ - 26.03.2025 14:10
Siemens Energy sells most of Indian wind unit to TPG-led investor group https://www.channelnewsasia.com/ - 26.03.2025 12:06
Siemens Energy sells most of Indian wind unit to TPG-led investor group https://www.channelnewsasia.com - 26.03.2025 10:41
Siemens Energy sells most of Indian wind business to TPG-led investor group https://www.channelnewsasia.com/ - 26.03.2025 10:02

din zilele anterioare

Siemens Energy sells most of Indian wind unit in latest revamp https://www.channelnewsasia.com/ - 26.03.2025 14:10
Siemens Energy sells most of Indian wind unit to TPG-led investor group https://www.channelnewsasia.com/ - 26.03.2025 12:06
Siemens Energy sells most of Indian wind unit to TPG-led investor group https://www.channelnewsasia.com - 26.03.2025 10:41
Siemens Energy sells most of Indian wind business to TPG-led investor group https://www.channelnewsasia.com/ - 26.03.2025 10:02