OR Metlen It announced today (4.6.2025) that it signed a non -binding agreement on the redemption process of 75% of the trading sector energy of Most Energy JSC (Most Energy). Renewable energy sources and MOST ENERGY Energy Storage Systems are not included in the acquisition.
Most Energy is a Sofia -based energy trading company. It has 897 high -consumption (B2B) industrial and commercial customers, and in addition operates as a cumulative representation body (FOSE) in 143 customers. Through this acquisition, Metlen seeks to obtain a credible business base in Bulgaria, which will facilitate the expansion of its existing customer base, while enhancing its physical presence in the country.
The agreement is part of Metlen’s broader strategic plan, which aims to expand the portfolio of high -consumption from the industrial and commercial sectors (B2B), as well as to enhance the supply activity in Southeast Europe. Metlen will provide its customers its energy supply solutions with built -in risk management tools, thereby providing predictability, competitiveness and energy flexibility.
In addition, through Most Energy’s activity as a cumulative representative body (FSSE), Metlen continues to strengthen its position in the area as it will manage RES portfolios of third and privately owned RES units.
Metlen has a long and established presence in the energy sector of Southeast Europe. Through strategic partnerships and investments in innovative energy solutions, the company has developed a wide portfolio of activities that includes the marketing and supply of gas and electricity, energy management, as well as the development of energy projects and storage.
The value of the transaction amounts to EUR 6.8 million, prior to the adjustments for capital and other arrangements. The transaction is under the condition of due diligence, the agreement on the business plan and the receipt of the necessary approvals by the competent authorities.