under EC Merger Regulations, the European Commission has cleared the acquisition of joint control of Siemens Energy's onshore wind turbine generator business in India by Mavco Investments Private and Mr. Prashant Jain, all three from India, and by TPG.

The transaction mainly concerns the supply of onshore wind turbine generators in India.

The Commission concluded that the notified transaction would not raise competition concerns, given its limited impact on the European Economic Area.

The transaction was examined under the simplified merger review procedure.


Copyright (c) 2025 CercleFinance.com. All rights reserved.