
MET Group
Ntegrated European energy company, headquartered in Switzerland, with activities and assets in natural gas and power markets.
- Energy
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
* | N/A | €1.1b | Debt |
Total Funding | 000k |
EUR | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
% growth | - | 129 % | (41 %) |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Company filings or news article
MET Group is an integrated energy company with a significant presence in the European market. The company's core business revolves around natural gas trading and wholesale, reportedly accounting for 70% of its revenue. In 2022, the company sold 109 billion cubic meters (BCM) of natural gas, which represents a substantial portion of the total consumption in mainland Europe.
The firm operates across 30 national gas markets and 22 international trading hubs, demonstrating a wide-reaching network. Its business model includes not only trading but also an increasing focus on energy assets and infrastructure. This is evidenced by its recent acquisition of a German natural gas storage operator, adding 2 terawatt-hours of capacity to its portfolio.
While natural gas remains its primary focus, the group is strategically expanding into renewable energy, with a stated mission to support a clean energy transition. This strategy aims to build a diversified portfolio that includes solar and wind projects alongside its conventional energy operations, positioning the company for future shifts in the global energy landscape.
Keywords: energy trading, natural gas, wholesale energy, gas storage, renewable energy, energy assets, European energy market, solar power, wind power, energy infrastructure
Investments by MET Group
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