TotalEnergies on an Expansion Course in the Field of Renewable Energies

TotalEnergies, the French energy giant, is on the verge of acquiring the integrated renewable energy development company, VSB Group. The purchase price is expected to be around 2 billion euros, according to a report by Bloomberg News. The potential seller, the investment firm Partners Group, would thereby allow one of the largest players in the energy market to take over VSB Group, which is likely to further strengthen TotalEnergies' commitment to renewable energy. This impending transaction could open up new opportunities for TotalEnergies to significantly expand their green energy portfolio and advance their sustainable growth strategy.