Partners Group has, on behalf of its clients, agreed to acquire an 80% equity stake in VSB Group. VSB's founder will retain the remaining equity stake alongside Partners Group.
Founded in 1996, VSB operates throughout the renewable energy value chain, from the development of projects to asset management and the technical and commercial management of operational sites, as well as having a broad offering in energy solutions. VSB has developed and built over 1.1 GW of onshore wind and solar PV generating assets to-date and manages over 1.4 GW of wind assets. VSB has expanded from its headquarters in Dresden, Germany, to become a European renewable platform active in eight countries with over 300 employees, 19 offices and ten service hubs.
The transaction value includes a significant allocation to fund future growth, allowing for the option to retain ownership of assets and develop an Independent Power Producer.