Partners Group acquires shares in VSB Group
News / Dresden | Zug / 22.01.2020
VSB, the international project developer, takes a significant step towards growth and gets a new majority shareholder. Partners Group acquires an 80% equity stake in VSB Group.
Established in 1996, VSB Group is one of the leading full-service providers in the renewable energy sector. With the sale of 80% of its shares to Partners Group - the global private market investment manager – VSB will continue its consistent growth strategy on a national and international level. Founder Andreas Dorner will retain the remaining equity stake and will continue to shape the Group’s future.
Andreas Dorner, Founder of VSB Group, says: "VSB has enjoyed great success to-date as an independent, multinational company. However, given the vast opportunity for renewable energy, we wanted a like-minded partner to accelerate our next phase of our growth. In Partners Group, we have found a global partner with significant operational resources and a wealth of international experience in hands-on renewable energy investment. We are looking forward to building on our shared values as we grow VSB together."
David Daum, Member of Management, Private Infrastructure Europe, Partners Group, states: " We are very excited to partner with VSB to support its continued growth at a time when climate change sits high on political and social agendas. VSB is very well-positioned to capitalize on increased demand for environmentally friendly sources of energy throughout Europe. We are convinced that VSB has potential to become the preeminent European renewable energy platform."
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.