MET Group completed the acquisition of the renewables portfolio in Europe.

MET Group, an integrated European energy company, completed the acquisition of the 213 MWp solar power projects in Italy and 50 MWp solar power projects in Spain. Financial terms were not disclosed. “Our goal is to build a geographically diversified 1 GW pure-play renewables portfolio in Europe, and with these transactions we have now also entered the Italian and Spanish renewables markets. MET’s expansion strategy focuses on European markets where we already have a local presence, building on our existing operations across the Group. MET’s sales subsidiaries already offer green power and services to their customers, and the percentage of partners adopting renewable energy products is constantly increasing. MET Group is dedicated to support a sustainable energy future for Europe," Christian Hürlimann, MET Group CEO.