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
Latest News
20:28
Lionel Messi donated 80,000 euros for the reconstruction of the Sierra Oeste area near Madrid, devastated by fires.
20:16
UN: Acute child malnutrition reaches alarming levels in Afghanistan
20:00
Spider-Man: Brand New Day generated $1.05 billion in the first six days, becoming the second fastest grossing film after Avengers: Endgame
19:50
Timișoara and Oradea reduce public lighting to save energy
19:50
ISU Buzău intervenes to extinguish a wildfire in the commune of Podgoria, affecting 20 hectares
See more news