MVM Energy Private Limited Liability Company has informed the market participants on the website of the Budapest Stock Exchange about an agreement on the takeover of E.ON’s Romania unit. The announcement states that E.ON Group and MVM Group have reached an agreement on the sale of E.ON’s retail and customer solutions business in Romania. Under […]
MVM Démász Transmission Ltd. handed over a modern substation in Soltvadkert, central Hungary, to ensure a secure power supply and to serve the high energy demand of new investments, the company informed MTI on Wednesday. According to the statement, the MVM group's power grid companies are placing great emphasis on modernizing and expanding the existing […]
The Hungarian energy conglomerate MVM Group has acquired a stake in one of the world's largest deep-sea natural gas fields, following the closing of a transaction between the MVM Group and Azerbaijan's state-owned Southern Gas Corridor CJSC on Friday, MVM told MTI. With the transaction, MVM has acquired a 5% stake in the Shah Deniz […]
The state-owned energy group MVM is significantly expanding its portfolio of solar power plants, according to a transaction closed on December 7, when its renewable energy subsidiary MVM Green Generation Ltd. acquires the 100 MWe solar power plant in Kaposvár, Hungary, one of the largest photovoltaic power plants in Hungary, built and owned by CMC, […]
MVM Green Generation Ltd., a member company of the MVM Group active in renewable energy production, will build a new solar power plant in Kecskemét by the end of the year with a total investment of nearly HUF 10 billion, it was announced in Kecskemét on Wednesday. László Gál, CEO of MVM Green Generation Ltd., […]
The Hungarian MVM Group has developed a green financing framework to finance its investments to achieve national and corporate sustainability goals, the company told MTI on Tuesday. According to the information, the framework opens the possibility for the energy group MVM to finance these investments by issuing green bonds or taking out green loans. The […]
