Energie completed the acquisition of Rate from Terek Steti.

Energie, an energy group, completed the acquisition of Rate, a heat distributor, from Terek Steti, a real estate and apartment management company. Financial terms were not disclosed. "Our goal is to be a reliable and professional partner for cities and municipalities, housing associations and developers in the region in the field of heating and hot water heating. We expect the share of renewable sources, including photovoltaics in modern energy solutions, to strengthen in the coming years," Pavel Linzer, Energie CEO.