Press releases - MET Central Europe / MET Hungary

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.

Swiss-based en­ergy com­pany MET Group has suc­cess­fully closed a sig­ni­fic­antly over­sub­scribed EUR 1.2 bil­lion Bor­row­ing Base Fa­cil­ity (BBF) for its Sales & Trad­ing seg­ment. The fa­cil­ity strengthens the Group's fin­an­cial flex­ib­il­ity and sup­ports its con­tin­ued growth and cus­tomer-first strategy.

Swiss-based en­ergy com­pany MET Group has ap­poin­ted Gergely Sz­abó as CEO of MET Sales and Trad­ing Seg­ment and Tom Van de Cruys as CEO of MET Re­tail Seg­ment.