Press releases - MET Central Europe / MET Hungary

MET In­ter­na­tion­al, the trad­ing and whole­sale arm of Swiss-based en­ergy com­pany MET Group, and Shell entered into a new long-term LNG pur­chase agree­ment, mark­ing an­other sig­ni­fic­ant mile­stone in their long-stand­ing co­oper­a­tion in LNG and gas trad­ing. The agree­ment fur­ther sup­ports MET Group's am­bi­tion to sup­ply its European cus­tom­ers with LNG sourced from the Un­ited States.

COMAX France, part of Swiss-based en­ergy com­pany MET Group, has com­pleted a 57 MW / 114 MWh bat­tery en­ergy stor­age sys­tem (BESS) port­fo­lio across 10 sites con­nec­ted to the dis­tri­bu­tion net­work in France. These in­vest­ments are part of MET’s strategy to sup­port the European en­ergy trans­ition.

MET In­ter­na­tion­al, the trad­ing di­vi­sion of Swiss-based en­ergy com­pany MET Group, and Fortin­bras As­set Man­age­ment have suc­cess­fully con­cluded a fin­an­cial Day-Ahead power swap (TBx) trans­ac­tion linked to the Hun­garian elec­tri­city mar­ket. The trans­ac­tion marks the first agree­ment of its kind ex­ecuted by METI and an­other mile­stone in the ex­pan­sion of its struc­tured power risk man­age­ment of­fer­ing.