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TotalEnergies Buys VSB Group for $1.65 Billion
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TotalEnergies Buys VSB Group for $1.65 Billion
Dec 4, 2024 5:53 AM

08:26 AM EST, 12/04/2024 (MT Newswires) -- TotalEnergies SE ( TTE ) said Wednesday it signed an agreement to acquire VSB Group from Partners Group for a consideration of 1.57 billion euro ($1.65 billion).

"This transaction will strengthen TotalEnergies Integrated Power value chain in Germany, which represents half of VSB's portfolio," TotalEnergies said in a news release.

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