French energy major TotalEnergies and Partners Group are in advanced discussions to close the acquisition of VSB Group, according to a Bloomberg report. The deal values the renewable energy firm at $2.

The VSB announcement comes days after TotalEnergies' renewables strategy faced a series of setbacks in other regions

French energy giant TotalEnergies has stopped investments in Adani Group following bribery charges against the Indian conglomerate's chairman. The move comes after U.S. authorities charged Adani's leadership with a $265 million bribery scheme to secure contracts.

TotalEnergies SE is close to acquiring VSB Group from private equity firm Partners Group Holding AG, in a deal that values the renewable project developer at about €2 billion ($2.1 billion), according to people familiar with the matter.