A&O Shearman and Divjak, Topic, Bahtijarevic & Krka have advised Partners Group on the sale of VSB Group to French energy company TotalEnergies. Jones Day reportedly advised TotalEnergies.
Partners Group operates in global private markets.
VSB Group is a renewable energy platform in Europe. According to A&O Shearman, the transaction gives VSB an equity value of EUR 1.57 billion. "Partners Group acquired a majority stake in VSB in 2020 and has since transformed the company from a mid-sized renewables developer into a leading pan-European renewables platform. Under Partners Group’s ownership, VSB has more than doubled its project pipeline from 8 gigawatts to over 18 gigawatts, significantly expanded its operating and under construction capacity from 53 megawatts to over 475 megawatts today, and diversified across wind and solar PV, battery storage, and e-mobility technologies."
The DTB team included Senior Partner Damir Topic, Partner Marina Kovac Krka, Senior Attorneys at Law Dina Salapic, Andrej Zmikic, and Jasna Belcic, Attorneys at Law Sanja Novoselic, Barbara Simic, and Jure Marovic, Associate Andrija Duvnjak, and Trainee Josipa Banozic.
The A&O Shearman team included lawyers in Hamburg, Frankfurt, Duesseldorf, Paris, Luxembourg, Warsaw, and Milan.
