Partners Group has agreed to sell VSB Group, a renewable-energy platform in Europe, to TotalEnergies. The transaction gives VSB an equity value of €1.57 billion ($1.6 billion).
Headquartered in Germany, VSB is an independent power producer that sells sustainably generated electricity from its wind and solar assets through renewable-energy support schemes and power-purchase agreements. The company operates throughout the renewable-energy value chain, developing, building, owning and managing renewables projects. VSB also provides technical and commercial management services for third-party assets and offers emobility solutions, such as charging infrastructure.
VSB has developed more than 2.3 gigawatts of renewable-energy generating assets to date and manages 3 gigawatts of assets. The company is active in France, Poland, Italy, Croatia and Finland, in addition to Germany.
“VSB is a highly thematic investment,” said David Daum, partner, head infrastructure E
