In order to purchase its greenfield solar development project in Western Poland, MET Group entered into a share purchase agreement with TOREN Spóka Akcyjna, a Polish renewables project development firm. In 2023, the solar power plant is anticipated to be ready for construction.
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, 27 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, the traded electricity was 50+ TWh.
In April 2022, 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.