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7 July 09:59

MET Group has fully acquired KGE, strengthening its presence in the German natural gas market.

Raluca Ioana Draghici

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International

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MET Group, a European energy company based in Switzerland, has finalized the acquisition of 100% of KGE, an underground natural gas storage operator in Gronau, Germany. KGE has a storage capacity of 179 million cubic meters and is connected to Trading Hub Europe. This transaction reinforces MET's commitment to invest in energy infrastructure in Germany, where it is already active through other storage facilities. CEO Benjamin Lakatos emphasized the importance of this acquisition to strengthen its market position.

Sources

Elveţienii de la MET Group achiziţionează KGE, un operator de înmagazinare subterană a gazelor naturale din Germania

Compania elvețiană MET Group, cu afaceri și în România, achiziționează KGE, un operator de înmagazinare subterană a gazelor naturale din Germania

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