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News from Members Swiss energy company MET Group enters the French market

Swiss energy company MET Group enters the French market

by MET Romania Energy August 8, 2023

Baar (Switzerland), 7 August 2023MET Group, an integrated European energy company announces its entry into the French market through its Lyon-based subsidiary MET France. Antargaz has entrusted MET with the takeover of its portfolio of electricity and natural gas customers from October 1, 2023.

With subsidiaries in 14 European countries and trading activities in 30 national gas markets, MET Group continues to expand its presence in Europe with the official launch of its French subsidiary, MET France.

MET’s disruptive strategy, which will allow customers to take control of their energy budget through optimized management tools, will be led by the newly appointed CEO of MET France, Giovanni Caporale.

Benjamin Lakatos, Chairman and CEO of MET Group said: “Our market entry into France marks a new stage in the growth of the Group, which today ranks among the most dynamic European energy players. We are bringing more competition to the French market, enabling customers to take advantage of tailor-made offers.”

Giovanni Caporale, CEO of MET France stated that: "With MET France, the self-employed, micro-businesses and SMEs can become full-fledged players in their energy budget and will influence the entire process. For us, it's about repositioning the customer to the centre of the offer.”

Details of MET France's offers and strategy will be unveiled in September 2023.

MET Group

MET Group is an integrated European energy company, headquartered in Switzerland, with activities and assets in natural gas and power markets. MET is present in 14 countries through subsidiaries, 30 national gas markets, and 22 international trading hubs. MET has extensive experience in operating green (renewable) and flexible (conventional) energy assets, thus providing the widest possible support to energy transition. In 2022, MET Group’s consolidated sales revenue amounted to EUR 41.5 billion, the total traded volume of natural gas was 109 BCM including futures, total traded electricity 67 TWh including futures.

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