VSB Group
VSB Group is a Dresden-based European renewable energy developer and IPP operating across Germany, France, Finland, Italy, Croatia, and Poland. Since April 2025 a subsidiary of TotalEnergies, VSB develops, builds, and operates wind, solar, battery storage, and e-mobility projects for landowners, municipalities, industrial firms, and fleet operators.
- Company typePrivate
- Founded1996
- HeadquartersDresden, Germany
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What VSB Group does
VSB Group is a European renewable energy project developer and Independent Power Producer (IPP) headquartered in Dresden, Germany, founded in 1996. The company develops, finances, builds, and operates wind farms, solar parks, and battery energy storage systems (BESS) across six European markets: Germany, France, Finland, Italy, Croatia, and Poland. Since April 2025, VSB has operated as a wholly-owned subsidiary of TotalEnergies SE, following the acquisition from Partners Group and founder Andreas Dorner.
The company's service portfolio spans the full project lifecycle: greenfield site identification and permitting, project development, EPC and construction management, repowering of aging wind assets, technical and commercial asset management for third-party owners, and long-term electricity generation under PPAs. VSB holds over 475 MW in own operation (IPP) and a development pipeline exceeding 20 GW. Proprietary technology includes the VSB Cloud platform for asset monitoring and optimization, an e-mobility backend system for EV charging infrastructure management, and a direct-line (Direktstrom) technology connecting EV charging parks to nearby wind or solar farms via on-site PPAs. Flagship hybrid projects include the 303 MWp Brzezinka park in Poland, the 450 MW Puutionsaari project in Finland, and the 105.6 MW Elster repowering in Germany.
VSB generates revenue through project development fees, EPC and construction services, asset management contracts (550 MW under follow-up in France alone), long-term IPP electricity sales, repowering services, and an e-mobility portfolio including Charging-as-a-Service. The company targets a diversified customer base spanning landowners, municipalities, energy cooperatives, industrial enterprises, fleet operators, and third-party asset owners.
VSB Group firmographics
Firmographics- Name
- VSB Group
- Legal name
- VSB Holding GmbH
- Website
- https://vsb.energy
- Company type
- Private
- Founded year
- 1996
- Operating status
- Acquired
- Headcount range
- 501–1,000 employees
- Short description
- VSB Group is a Dresden-based European renewable energy developer and IPP operating across Germany, France, Finland, Italy, Croatia, and Poland. Since April 2025 a subsidiary of TotalEnergies, VSB develops, builds, and operates wind, solar, battery storage, and e-mobility projects for landowners, municipalities, industrial firms, and fleet operators.
- Ownership category
- akta.pro rank
VSB Group industry classification
Industry- Product category
- Renewable Energy Development
- NAICS
- Electric Power Generation, Transmission and Distribution (2211), Electric Power Generation (22111), Solar Electric Power Generation (221114), Wind Electric Power Generation (221115)
- SIC
- Electric Services (4911), Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Development-Stage M&A & Portfolio Acquisition (Early-Stage/Ready-to-Build) (EUAMAAAF)
- akta.pro secondary industries
- BESS EPC, Integration & Commissioning (EUAFAAAB), Distributed & Commercial Renewable O&M (Rooftop Solar, C&I Wind, Small Hydro) (EUAMAGAB), Substations, Transformers & Grid Step-Up Facilities (EHV Substations, GSU Transformers) (EUAMAFAE)
Keywords
Where VSB Group is headquartered
LocationHeadquarters
- HQ city
- Dresden
- HQ country
- Germany
- HQ region
- Europe
Offices7 records
Markets served
VSB Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Supply Chain, Technology or R&D, Marketing or Sales
Revenue model
- Renewable Energy Project Development: VSB develops wind farms, solar parks, and battery storage projects from greenfield through to commissioning, earning development fees and selling completed project rights. The company also co-develops projects with landowners and strategic partners.
- Independent Power Producer (IPP) / Electricity Generation & Sales: VSB operates its own renewable energy assets (475+ MW in own operation) and sells the generated electricity directly to customers or via Power Purchase Agreements (PPAs). Revenue is generated through long-term PPAs and direct electricity supply contracts.
- Technical and Commercial Asset Management: VSB provides operational management, maintenance, and commercial management services for renewable energy assets owned by third parties. Services include substation management, operational management, maintenance and repairs, and PPA contract management.
- E-Mobility Services: Integrated e-mobility solutions including charging infrastructure deployment (Charging-as-a-Service), commercial operations management, direct power supply for EV charging parks, and energy cost optimization for fleet operators.
- Repowering Services: VSB replaces outdated wind turbines with modern, more efficient ones (e.g., Elster repowering: 50 turbines replaced by 16 with 105.6 MW capacity, 6x energy yield increase), generating revenue through development and construction fees and new IPP assets.
Go-to-market motion1 record
Distribution channels5 records
Marketing channels9 records
VSB Group product offering
Product offeringCore offering
VSB Group develops, plans, builds, finances, and operates wind farms, solar parks, and battery energy storage systems (BESS) across six European countries (Germany, France, Finland, Italy, Croatia, Poland). The company also acts as an Independent Power Producer (IPP) selling electricity through long-term Power Purchase Agreements (PPAs), provides technical and commercial asset management for third-party renewable energy assets, offers repowering services to replace outdated turbines, and delivers integrated e-mobility solutions including Charging-as-a-Service for fleet operators.
Product overview
VSB Group operates as a renewable energy project developer and Independent Power Producer (IPP) offering a comprehensive portfolio of wind, solar, and battery storage services across six European countries. The company's core offerings span the entire project lifecycle including development, planning, construction, and long-term operation of wind farms and solar parks. VSB has expanded into integrated energy solutions including E-Mobility Solutions (with sub-products: Charging-as-a-Service, Direct Power for EV Charging Parks, Commercial Operations Management, Energy Cost Optimisation, and Charging Infrastructure), battery storage (BESS), and repowering services. The company also operates as an IPP with over 475 MW in own electricity generation. Services are delivered through regional offices in Germany, France, Italy, Poland, Finland, and Croatia.
Differentiator
Problem solved
Functional benefit
Brands
- ENERGYNIOUS: Individual energy solutions offered by VSB for businesses, covering integrated renewable energy supply.
- VSB ESG Policy
- VSB GoesGreen Initiative
Products and services
- Wind Energy Projects
- Solar Energy Projects
- Battery Storage Solutions (BESS)
- E-Mobility Solutions
- Repowering
- Energy Park Management
- Independent Power Producer (IPP)
- Project Acquisition and Cooperations
- ENERGYNIOUS — Individual Energy Solutions
Quantifiable outcome
- Elster Repowering project: 50 outdated wind turbines replaced by 16 modern ones using less than 2/3 of the original area, with energy yield increasing sixfold to ~235 GWh/year — enough to supply 67,000 three-person households.
- +3 more outcomes
Companies that use VSB Group
Customer profileNamed customers2 records
Segments7 records
Ideal customer profiles6 records
VSB Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
VSB Group partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered minor.
- Campus des Métiers et Qualifications d'Excellence Habitat, Énergies Renouvelables et Éco-constructionminorVSB France partnered with the Campus des Métiers as an associated member within the framework of 'PIA 3 – CMQE HEREC Territoire d'innovation pédagogique'. The collaboration aims to develop the skills needed for renewable energy expansion and prepare talent that will shape tomorrow's energy mix.
- Max Bögl (Gewellschaft für Bauen und Wohnen)minorMax Bögl, a hybrid tower constructor, was engaged for the Elster Repowering project in Saxony-Anhalt, Germany. Max Bögl was responsible for constructing foundations for the new wind turbines as part of one of Europe's largest repowering projects (50 turbines replaced by 16 modern ones).
- Landesverband Erneuerbare Energie Sachsen-Anhalt e.V.minorVSB is an active member of regional renewable energy associations including Landesverband Erneuerbare Energie Sachsen-Anhalt e.V., Energieavantgarde Anhalt e.V., Landesverband Erneuerbare Energie Mecklenburg-Vorpommern e.V., and Bundesverband WindEnergie e.V. (Regionalverband Brandenburg).
- Energieavantgarde Anhalt e.V.minorVSB is an active member of regional renewable energy associations, engaging in advocacy and network-building for the energy transition.
- Landesverband Erneuerbare Energie Mecklenburg-Vorpommern e.V.minorVSB is an active member of regional renewable energy associations, engaging in advocacy and network-building for the energy transition.
- Bundesverband WindEnergie e.V. (Regionalverband Brandenburg)minorVSB is an active member of the Federal Wind Energy Association's Brandenburg regional chapter, contributing to wind energy policy advocacy.
Scale indicators10 records
Recent moves8 records
Expansion highlights6 records
VSB Group competitors and assessment
Company assessmentDirect peers
- wpd AG: wpd is a Bremen-based European leader in onshore wind project development, with growing solar and storage operations. Comparable to VSB in onshore wind development focus, European footprint, and IPP asset ownership.
- Encavis AG: Encavis is a Hamburg-based IPP and operator of solar and wind parks across Europe. Directly comparable to VSB as a European renewable energy developer and IPP with operating assets and a development pipeline; acquired by KKR in 2024.
- BayWa r.e. AG: BayWa r.e. is a Munich-based global developer, service provider, and wholesaler of renewable energy, particularly wind and solar. Directly comparable to VSB in European project development, IPP ownership, and asset management services.
- ABO Energy GmbH & Co. KGaA: ABO Energy is a German-based renewable energy project developer active in wind, solar, and storage across Europe, South Africa, and other markets. Highly comparable to VSB in greenfield development, project pipeline scale, and European focus.
- PNE AG: PNE AG is a German wind and solar project developer with operations in Europe, South Africa, and the US. Closely comparable to VSB in onshore wind and solar PV project development, IPP operations, and European market focus.
Broad incumbents
- Iberdrola Renovables: Iberdrola is a Spanish global utility with one of the world's largest renewable energy portfolios (onshore/offshore wind, solar). Comparable to VSB in European renewable IPP operations but at vastly larger scale.
- Statkraft AS: Statkraft is a Norwegian state-owned hydropower company and Europe's largest generator of renewable energy, with growing wind and solar IPP operations. Comparable to VSB in European renewable IPP focus but with hydropower-dominant portfolio.
- Enel Green Power: Enel Green Power is the global renewable energy arm of Enel Group, operating one of the world's largest renewable IPP portfolios. Comparable to VSB in wind/solar/storage IPP model but with much broader geographic and operational scale.
- RWE Renewables: RWE is one of Europe's largest utility renewable energy developers and IPPs, with extensive wind, solar, and storage operations across multiple markets. Comparable to VSB in core renewable generation but vastly larger scale and broader portfolio.
- EDP Renováveis (EDPR): EDP Renováveis is a Lisbon-based global renewable energy developer and IPP with significant European operations in wind and solar. Comparable to VSB in renewable project development and IPP ownership but with global scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
VSB Group social profiles
Digital presenceVSB Group compliance and trust
Trust signalCompliance2 records
VSB Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
VSB Group leadership team
Management profileNumber of profiles
Profiles10 records
VSB Group subsidiaries and ownership
Company hierarchySubsidiaries7 records
VSB Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
VSB Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about VSB Group
What does VSB Group do?
VSB Group develops, plans, builds, finances, and operates wind farms, solar parks, and battery energy storage systems (BESS) across six European countries (Germany, France, Finland, Italy, Croatia, Poland). The company also acts as an Independent Power Producer (IPP) selling electricity through long-term Power Purchase Agreements (PPAs), provides technical and commercial asset management for third-party renewable energy assets, offers repowering services to replace outdated turbines, and delivers integrated e-mobility solutions including Charging-as-a-Service for fleet operators.
Is VSB Group a public or private company?
VSB Group is a private company. It is classified as corporate owned and is currently acquired.
When was VSB Group founded?
VSB Group was founded in 1996. It employs 501 to 1,000 people.
Where is VSB Group based?
VSB Group is headquartered in Dresden, Germany, in the Europe region.
How does VSB Group make money?
Five revenue lines are on record. Renewable Energy Project Development is the primary driver. The others are independent Power Producer (IPP) / Electricity Generation & Sales, technical and Commercial Asset Management, E-Mobility Services and repowering Services.
Who are VSB Group's main competitors?
Direct peers on record are wpd AG, Encavis AG, BayWa r.e. AG, ABO Energy GmbH & Co. KGaA and PNE AG. Broad incumbents are Iberdrola Renovables, Statkraft AS, Enel Green Power, RWE Renewables and EDP Renováveis (EDPR).
Does VSB Group have an API?
No public API is recorded for VSB Group.
What industry is VSB Group in?
VSB Group's product category is Renewable Energy Development. Its primary akta.pro industry code is EUAMAAAF, Development-Stage M&A & Portfolio Acquisition (Early-Stage/Ready-to-Build), with a secondary code of EUAFAAAB, BESS EPC, Integration & Commissioning. Its NAICS code is 2211 and its SIC code is 4911.