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  HOME PAGE 04/12/2024 11:03 
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A multi-billion dollar mega acquisition will take place in the energy sector!
A multi-billion dollar mega acquisition will take place in the energy sector!

03.12.2024 15:40

TotalEnergies has begun negotiations to acquire VSB Group, which operates in the fields of solar, hydro, and wind energy in France, Germany, Poland, and Italy. According to sources close to the matter, the deal is expected to be around 2 billion euros.

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It has been reported that the French energy company TotalEnergies is in talks with the private equity firm Partners Group to acquire VSB Group, which operates in the renewable energy sector.



According to information from sources close to the matter, TotalEnergies is quite close to a transfer agreement of around 2 billion Euros. Sources speaking on condition of anonymity stated that the French energy company and Partners Group are in advanced discussions and will announce the transaction to the public in the coming days.



80% OWNED BY PARTNERS GROUP



VSB Group provides services such as project management and environmental planning in the renewable energy sector. The company operates in solar, hydro, and wind energy fields in France, Germany, Poland, and Italy.



VSB Group has over 500 employees and 21 branches worldwide. Partners Group acquired an 80% stake in VSB Group in 2020.



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