VSB Group’s French subsidiary, VSB Énergies Nouvelles, has acquired a 143.5MW wind energy portfolio in partnership with ADE and 3N Développement.
The portfolio comprises nine wind energy assets located in Allier, Creuse, Isère, Oise, Pas-de-Calais and Puy de Dôme. A total of 37 wind turbines will be installed across the farms.
The purchase is part of VSB Énergies Nouvelles’ plan to become one of France’s top five independent renewable energy producers through partnerships and acquisitions.
VSB Énergies Nouvelles managing director François Trabucco said: “VSB, ADE and 3N Développement share common values and the same desire: to actively participate in the energy transition while respecting the territories and local players.
“This is also the logic that VSB pursues through its six regional offices located in the heart of the territories.”
Under the terms of the agreement, VSB will manage and monitor various stages of the project development carried out by ADE and 3N Développement until they reach the ready-to-build stage.
Based in France’s Grand-Est region, ADE is engaged in the development of wind and solar photovoltaic (PV) renewable energy plants.
The company previously partnered with VSB France for developing wind energy projects in several French departments.
3N Développement develops wind and solar projects throughout France and is headquartered in Nîmes.
3N Développement manager Antoine Leclerc said: “3N Développement is proud to be able to continue to grow with a partner like VSB, with whom we have a shared passion for the development of renewable energies.”
SAS ADE president Antoine Pedersoli said: “Working with VSB for several years in a common desire for energy transition, it is with great pleasure that ADE, thanks to this operation, can continue its growth by strengthening a sustainable partnership.”
Earlier this month, VSB Group’s Finnish subsidiary, VSB Uusiutuva Energia Suomi Oy, received permission to build its Karahka wind farm in Finland’s Northern Ostrobothnia region.