Novosti

In the bag: another flagship project for Europe’s energy transition is being realised under the umbrella of VSB Group. VSB Finland’s Puutionsaari project in the North Ostrobothnia region has obtained a legally binding local master plan and the project can now move towards implementation. The wind farm will be part of a hybrid wind and photovoltaic park which, once completed, will not only be the largest renewable energy project in VSB’s history, but also one of the most significant hybrid park…

Apart from major construction projects in Germany, Poland, France and Finland, the VSB Group also has a project in Italy in its final stages: the pan-European developer, manager and operator of wind energy and photovoltaic parks is close to starting construction of its first PV project on the largest island in the Mediterranean. The Ramacca ground-mounted photovoltaic plant, with an installed capacity of 60 MWp, will be built in the Catania metropolitan area in Sicily.

VSB, the international project developer for wind energy and photovoltaics, has increased its existing syndicated loan agreement to a volume of EUR 160 million under the leadership of Commerzbank AG. It has a term of approximately two and a half years and will be used for general corporate financing.

VSB Group’s senior management is complete: Dirk Retzlaff took over as Chief Operating Officer (COO) on 1 November 2023. Retzlaff will ensure that the 15 GW wind and photovoltaic pipeline of the international renewable energy project developer remains on track and is continuously expanded.

VSB, the international project developer for wind energy and photovoltaics, has secured financing for one of the largest repowering projects in Europe – the Elster wind farm. The project is being jointly financed by LBBW and DZ BANK with a total volume of €211 million.

Lhyfe, one of the world's pioneers in the production of green renewable hydrogen, and VSB énergies nouvelles, an independent producer of electricity from renewable sources and a subsidiary of the VSB Group, have announced the signing of a long-term renewable energy power supply agreement (Corporate PPA).