TPG Is Said In Advanced Talks to Buy Siemens Gamesa India Assets.

TPG Inc. is currently in advanced negotiations to acquire the Indian wind energy assets of Siemens Energy AG's Gamesa unit, according to sources familiar with the matter. TPG has reportedly outbid other competitors, with the potential transaction valuing the assets at over $300 million. While talks are ongoing and no final decisions have been reached, other interested parties, such as JSW Energy Ltd. and Inox Wind Ltd., are still in the running. Siemens Gamesa has been exploring the sale of its Indian assets, emphasizing the significance of the Indian market for its energy business. [Extracted from the article]