MET Group completed the acquisition of Comax France from Investindustrial.

MET Group, an European energy company, completed the acquisition of Comax France, an owner, operator and developer of combined heat and power and battery energy storage systems, from Investindustrial, a global private equity firm. Financial terms were not disclosed. “Flexibility assets are an essential part of MET Group’s integrated strategy to support the energy transition. Our investment profile is fully aligned with the green transition priorities. We are excited to enter the French market for flexible power generation and balancing services as we expand our asset portfolio in Western Europe," Johannes Niemetz, MET Group Chairman of the Flexibility Assets Division.