TotalEnergies to buy German renewables developer VSB for $1.65 billion
By America Hernandez PARIS (Reuters) -French oil major TotalEnergies has agreed to buy German renewable developer VSB Group for 1.57 billion euros ($1.65 billion) from Swiss asset manager Partners Group,
TotalEnergies confirms purchase of German renewables developer VSB in $1.6B deal
TotalEnergies (NYSE:TTE) said Wednesday it agreed to acquire German renewable project developer VSB Group from P-E firm Partners Group Holding for €1.57B (~$1.6B), adding more than 2 GW of developed onshore wind power capacity across Europe.
TotalEnergies to buy Germany based renewables firm VSB for 1.57 bn euro
The VSB announcement comes days after TotalEnergies' renewables strategy faced a series of setbacks in other regions
TotalEnergies set to acquire renewable energy firm VSB Group for $2.1 bn amid Adani investment halt
French energy major TotalEnergies and Partners Group are in advanced discussions to close the acquisition of VSB Group, according to a Bloomberg report. The deal values the renewable energy firm at $2.
TotalEnergies nears $2.1bn deal for VSB Group acquisition
Germany-based VSB Group provides project management and environmental planning services across solar, hydro, and wind power sectors.
TotalEnergies Boosts Presence in Germany With $1.65 Billion VSB Deal
TotalEnergies struck a deal to buy renewable-energy company VSB Group from Partners Group for $1.7 billion, expanding its presence in Germany.
TotalEnergies Agrees to Buy Renewable Firm VSB for €1.57 Billion
TotalEnergies SE agreed to buy German renewable project developer VSB Group from private equity firm Partners Group Holding AG for €1.57 billion ($1.6 billion).
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