Deal closed: VSB Group joins Partners Group
News GR / Dresden / Zug / 20.04.2020
The Swiss Partners Group is the majority owner of VSB Group, a leading European developer, owner and operator in the renewable energy sector. After the official announcement of the takeover in January 2020, the banking supervisory and antitrust authorities have approved the transaction. VSB expects strong growth ahead.
Closing successfully completed: Partners Group, headquartered in Zug, now holds an 80 percent equity stake in VSB Group on behalf of its clients. Founder Andreas Dorner retains the remaining equity stake and will continue to shape the Group’s future. VSB will thus complement the Swiss portfolio in the renewable energy and energy services segment. Both partners are currently working intensively on the strategic alignment. All signs point to international growth. A strong project pipeline, attractive core and target markets as well as fresh capital for acquisitions form the basis for this.
Marko Lieske, Managing Director of VSB Holding GmbH, summarises the advantages of the merger: "Competition for land and project rights is fierce. We can now continue to intervene effectively in the market with a high success rate in order to push ahead the expansion of the VSB Group, especially in Europe."
David Daum, Member of Management, Private Infrastructure Europe, Partners Group, states: "Investment in climate-friendly and resource-saving green energy projects is increasing globally. VSB is an established player in the energy market and we want to further expand its leading position. We look forward to working together".
About Partners Group
Partners Group is a global private markets investment management firm with USD 94 billion in investment programs under management in private equity, private real estate, private infrastructure and private debt. The firm manages a broad range of customized portfolios for an international clientele of institutional investors. Partners Group is headquartered in Zug, Switzerland and has offices in Denver, Houston, Toronto, New York, São Paulo, London, Guernsey, Paris, Luxembourg, Milan, Munich, Dubai, Mumbai, Singapore, Manila, Shanghai, Seoul, Tokyo and Sydney. The firm employs over 1.400 people and is listed on the SIX Swiss Exchange (symbol: PGHN) with a major ownership by its partners and employees.