Europe, where the green transition is gaining increasing momentum, dreams of a carbon-neutral world. Let’s use as little fossil fuel as possible and increase the percentage of our use of renewable energy sources – however, we also need to satisfy increasing global energy demands while meeting these two objectives. MET believes we will continue to need natural gas for some time to come.
HH2E AG and the Swiss MET Group have announced a partnership to develop one of the largest green hydrogen production plants in Europe to date in Lubmin/Mecklenburg-Vorpommern on the German Baltic coast.
MET Group has a major presence in central and eastern Europe, Spain, Italy, France and Germany, with more than 700 permanent staff and is headquartered in Switzerland. It has revenues of over 18 billion euros and while best known for gas and electricity, its Renewables CEO, Christian Hürlimann, is leading its shift to renewables, with Italian and Spanish acquisitions.
MET Group’s Hungarian Solar Park corporate bond, issued in December 2021, has received a green rating from Sustainalytics. The certification was contingent upon meeting the United Nations' sustainability objectives.