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  • Bulgarian Commission on Protection of Competition Approved the Acquisition of 42 MW Wind Farm of MET Group from Enel Green Power

    MET Group Acquires 42 MW Wind Farm in Bulgaria from Enel Green Power Small

    /18th January 2021, RENEWABLE MARKET WATCHTM/ Bulgarian Commission on Protection of Competition Approved the Acquisition of 42 MW Wind Farm of MET Group from Enel Green Power. The Swiss-based MET Renewables Holding AG has notified the Commission for Protection of Competition in Bulgaria of its intention to acquire sole direct control over Enel Green Power Bulgaria EAD. The parent company is a subsidiary of the Italian Enel Green Power, which is part of the Enel Group and its activities are related to the management of 42 MW wind farm consisting of two sites with a total number of 14 SPV companies that own 14 wind turbines of 3 MW each, all in Northeastern Bulgaria. The buyer, MET Renewables Holding AG is a new company, but it is backed by the Swiss group MET, with direct owner MET Holding AG. However, it has been operating in Bulgaria since 2017 through its subsidiary MET Energy Trading Bulgaria. It is active in the electricity trading market at freely negotiated prices.

  • MET Group Acquires 42 MW Operational Wind Farm in Bulgaria from Enel Green Power

    MET Group has acquired 42 MW Wind Farm in Shabla Bulgaria from Enel Green Power small

    /28th December 2020, RENEWABLE MARKET WATCHTM/ The Swiss-based MET Renewables Holding AG has notified the Commission for Protection of Competition in Bulgaria of its intention to acquire sole direct control over Enel Green Power Bulgaria EAD. The parent company is a subsidiary of the Italian Enel Green Power, which is part of the Enel Group and its activities are related to the management of 42 MW wind farm consisting of two sites with a total number of 14 wind turbines, all in Northeastern Bulgaria. The buyer, MET Renewables Holding AG is a new company, but it is backed by the Swiss group MET, with direct owner MET Holding AG. However, it has been operating in Bulgaria since 2017 through its subsidiary MET Energy Trading Bulgaria. It is active in the electricity trading market at freely negotiated prices.

  • MET Group Finalised Transaction of 60MW Wind Park Suvorovo in Bulgaria

    Suvorovo Wind Farm 60 MW Grupo Enhor small

    /LONDON, December 27, 2021, 10:00 GMT, RENEWABLE MARKET WATCHTM/ The Swiss energy company MET Group finalised the transaction for a 100% stake in a 60MW wind park in Bulgaria. MET Group signed a share purchase agreement with Spanish Grupo Enhol to acquire the operating wind asset earlier (on 30 July 2021) this year. With this acquisition, the company continues to follow its target of 500MW operational renewable energy power plants in the Central East Europe (CEE) region by 2023. The transaction is essential in achieving MET’s renewables growth targets in the CEE region of 500 MW in operation by 2023.

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