Germany-based VSB Group provides project management and environmental planning services across solar, hydro, and wind power sectors.

TotalEnergies (NYSE:TTE) is close to acquiring VSB Group from P-E firm Partners Group Holding in a deal that values the German renewable project developer at ~€2B ($2.1B), with an announcement possible in the coming days,

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.

By America Hernandez PARIS -French oil major TotalEnergies is close to acquiring renewable developer VSB Group from private equity firm Partners Group for about 2 billion euros ($2.10 billion), Bloomberg News reported on Tuesday.

TotalEnergies SE is close to acquiring VSB Group from private equity firm Partners Group Holding AG, in a deal that values the renewable project developer at about €2 billion ($2.1 billion), according to people familiar with the matter.