US buyout group TPG, through its Rise Climate fund, acquires a majority stake in Siemens Gamesa’s onshore wind turbine manufacturing business in India and Sri Lanka. The investment aims to revitalise the business, targeting low-cost production and global supply chain integration, with a substantial capital infusion and strategic management team. US buyout group TPG, through its Rise Climate fund, acquires a majority stake in Siemens Gamesa’s onshore wind turbine manufacturing business in India and Sri Lanka. The investment aims to revitalise the business, targeting low-cost production and global supply chain integration, with a substantial capital infusion and strategic management team. Economic Times
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