Partners Group, a Switzerland-based SJE Group investment partner, has acquired an 80% equity stake in VSB Group; a leading European developer, owner and operator in the renewable energy sector.
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 successfully developed and built over 1.1GW of onshore wind and solar PV generating assets to-date and manages over 1.4GW of wind assets. VSB has successfully 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.
The SJE Group congratulates Andreas Dorner (Founder and Managing Director, VSB Group), David Daum (Member of Management, Private Infrastructure Europe - Partners Group) and their respective Executive members.