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Reuters

Reuters

TotalEnergies to buy German renewables developer VSB for $1.65 billion

Reuters
Summary
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82% Informative

French oil major TotalEnergies has agreed to purchase German renewable developer VSB Group for 1.57 billion euros ( $1.65 billion ) The French firm has identified Germany as a priority growth market for its integrated power business.

VSB has an 18 GW project pipeline of wind, solar and battery storage technologies in Germany , Poland and France .

VR Score

92

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96

Neutral language

96

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formal

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English

Language complexity

61

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not offensive

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not hateful

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not detected

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short-lived

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