Energia
MET Group extends its renewables portfolio in Europe - targets 1 GW of installed capacity by 2026
On 7 April, MET Group acquired a 100 percent stake in a Spanish 50 MWp solar project at ready-to-build status. The Puerto Real 3 project is situated in the Andalucía region of Spain , known for its high irradiation levels. The project should start commercial operations in the summer of 2023.
Within MET Group, a dedicated Green Assets Division provides all the necessary expertise and support to the renewable expansion strategy, with an ambitious target of reaching a 1GW renewables portfolio by 2026. The integrated energy company aims for a 500 MW portfolio to be in operation by 2023, and an additional 500 MW by 2026. MET is targeting further growth of wind and solar installations across the European Union, seeking to play an active role in the energy transition.
Christian Hürlimann, Renewables CEO of MET Group said:
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 13 countries through subsidiaries, 26 national gas markets and 22 international trading hubs. In 2021, MET Group's consolidated sales revenue amounted to EUR 18,1 billion , the volume of traded natural gas was 55 BCM.
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