TotalEnergies folds in VSB; wind developer's CEO steps down
What's the deal? The chief executive officer of VSBDealroom has a profile for this one. Try Dealroom → has departed as the European wind developer integrates into TotalEnergiesDealroom has a profile for this one. Try Dealroom →, which reached a deal to acquire it in late 2024.
What each side brings: VSB is a leading European developer with wind, solar power, and energy storage assets spread across the continent. TotalEnergies is the French energy major absorbing that portfolio.
Why now? The leadership change comes as the two companies fold VSB's operations into the larger group, a common step once an acquisition closes.
The signal: Energy majors continue to buy their way into renewables, and executive turnover often follows as founders and independent leaders hand off to a new corporate parent.
Read more: Upstream
Image credit: Jondaar_1
