MET Group Expands German Gas Storage Footprint with KGE Acquisition Swiss energy group MET Group has significantly expanded its presence in the German natural gas market. The company has finalized the acquisition of 100% of KGE, a gas storage operator located in Gronau, North Rhine-Westphalia. KGE's storage facilities possess a working gas volume of 179 million cubic meters, and are connected to Open Grid Europe’s infrastructure. Prior to the acquisition, KGE was jointly owned by EWMR, DEW21 from Dortmund, Stadtwerke Essen, Gelsenwasser AG, and MET Holding Germany. This transaction marks a major shift in ownership for the company. MET Group already manages gas storage facilities in Germany, including sites at Etzel in Lower Saxony and Reckrod in Hesse. The addition of KGE further strengthens MET’s position as a key player in Germany’s gas storage sector.

Principaux renseignements Détails de l’acquisition Le groupe énergétique suisse MET Group a racheté le fournisseur d’énergie belge Mega. L’accord, d’une valeur de plusieurs centaines de millions d’euros, a été confirmé par Pieter Schoen. Ce dernier, ainsi…