TotalEnergies struck a deal to buy renewable-energy company VSB Group from Partners Group for 1.57 billion euros ($1.65 billion), expanding its presence in Germany. The French energy giant said Wednesday that the acquisition adds more than 2 gigawatt of developed onshore wind-power capacity across Europe. TotalEnergies said the purchase complements its acquisitions of German battery storage-systems company Kyon Energy in January and energy manager Quadra Energy last year. Paris-based TotalEnergies aims to become an integrated power company in Europe’s largest economy.
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