MET International AG

What MET International AG does

MET International AG (METI) is the Swiss-incorporated international trading arm of MET Holding AG, headquartered in Baar/Zug and operating since 2010. The company functions as the sole interface for Western European wholesale energy markets and the international trading consolidator for the broader MET Group, executing transactions across 24 countries, 33 national energy markets, and 51 international trading hubs. Its activities span natural gas trading (border-point and European hub transactions), power trading (including structured risk-management products such as the newly launched TBx financial swap), and LNG trading delivering 5.42 mtpa into 17 markets.

The company's product stack is built on top of a vertically integrated physical-asset base comprising 5.2 TWh of gas storage capacity, 564 MW of CCGT/OCGT plus 156 MW of cogeneration, and 436 MW of operational renewable energy assets with a further 653 MW under construction. This asset portfolio is used to optimize supply, flexibility, and capture-price exposure alongside the financial trading book. Logistics services and structured cross-border flows extend the offering to wholesale counterparties and intra-group affiliates.

METI monetizes primarily through wholesale trading margins on gas, power, and LNG volumes, plus capture-price and ancillary services revenue from its generation and storage assets. The go-to-market is overwhelmingly B2B/wholesale, distributed across multiple hubs and counterparties rather than anchored to a narrow customer base. The entity employs approximately 88 staff, while the wider MET Group employs over 1,400 professionals; the group reported consolidated revenue of €28.6 billion in 2025 and maintains €2,292.6M in financing access, including a €1.2 billion oversubscribed Borrowing Base Facility closed in July 2026.

Name

MET International AG

Legal name

MET International AG

Website

https://international.met.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

51–100 employees

Short description

MET International AG is the Swiss-based international energy trading arm of MET Holding AG, executing wholesale gas, power, and LNG transactions across 24 countries via 33 markets and 51 trading hubs, supported by an integrated portfolio of storage, generation, and renewable assets.

Ownership category

akta.pro rank

Product category

Energy Trading and Wholesale

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231)

SIC

Gas & Other Services Combined (4932)

akta.pro primary industry

C&I Natural Gas Supply & Procurement (EUAGAGAE)

akta.pro secondary industry

C&I Retail Natural Gas Supply (EUAGACAB)

Keywords

• Natural gas trading
• Power trading
• LNG trading
• Wholesale energy
• Cross-border energy logistics

Headquarters

HQ city

Baar

HQ country

Switzerland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Technology or R&D, Supply Chain

Revenue model

1. Natural Gas Trading and Wholesale: Trading and wholesale of natural gas through border point transactions, providing competitive supply structures to gas sales affiliates, originating positions on European wholesale markets, and offering short and long term flexible and flat products.
2. LNG Trading: International LNG trading operations delivering 5.42 mtpa into 17 different markets globally.
3. Power Trading: Trading and wholesale of electricity, including trading on liquid trading hubs and providing supply structures to power sales affiliates.
4. Logistics Services: Logistic services supporting the trading and wholesale operations, including cross-border business development.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

MET International AG (METI) is the international trading and wholesale arm of MET Group, operating as an integrated energy trading platform. The company trades and wholesales natural gas, power, and LNG across European and global markets via border point transactions and liquid trading hubs, supported by logistics services and an internal market of physical and financial products.

Product overview

MET International AG operates as an integrated energy trading platform offering multi-commodity wholesale, trading, and sales services. The core product portfolio includes Natural Gas Trading (border point transactions and European hub trading), Power Trading (electricity trading with structured risk management products), LNG Trading (international LNG origination), and Renewable Energy Assets (solar and wind parks with 436 MW operational capacity). Supporting infrastructure includes Gas Storage (5.2 TWh capacity), Cogeneration/CHP assets (564 MW CCGT/OCGT, 156 MW cogeneration), and Logistics Services. The company also provides short and long-term flexible and flat products to customers through continuous quality control and innovative development.

Differentiator

Problem solved

Functional benefit

Products and services

• Natural Gas Trading International natural gas sales and purchase portfolio management, border point transactions, and trading on liquid European trading hubs. The company traded 241 BCM of gas in 2025.
• Power Trading Electricity trading on liquid trading hubs, wholesale origination, and structured power risk management products including Day-Ahead power swaps (TBx). METI traded 160 TWh of electricity in 2025.
• LNG Trading International LNG (Liquefied Natural Gas) trading, originating positions on international LNG markets, and providing flexible supply structures. METI delivered 5.42 mtpa of LNG into 17 different markets globally.
• Renewable Energy Assets Renewable energy production assets including solar parks (MET Buzsák, MET Dunai, MET Gerjen, MET Kabai, MET Kaba II, MET Puerto Real, MET Söjtör) and wind parks (MET Kavarna, MET Suvorovo) with 436 MW capacity plus 653 MW under construction.
• Gas Storage Gas storage capacity of 5.2 TWh for optimizing supply and demand balancing.
• Cogeneration / Combined Heat and Power

Quantifiable outcome

• 5.42 mtpa LNG delivered into 17 different markets globally
• +3 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Fortinbras Asset ManagementnotableStrategic or Co-development Partner · 1 January 2026MET International and Fortinbras Asset Management successfully concluded a financial Day-Ahead power swap (TBx) transaction linked to the Hungarian electricity market. This transaction marks the first agreement of its kind executed by METI and represents a milestone in the expansion of METI's structured power risk management offering.

Scale indicators12 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Trafigura: Major global commodity trader with significant European gas and power trading operations. Comparable focus on physical and financial energy trading across European markets with similar liquidity provision and origination activities.
• Axpo Trading: Swiss-headquartered energy trader with significant European gas and power operations. Comparable integrated trading model with strong pan-European hub presence and renewable asset portfolio.
• Gunvor Group: Global commodity trader with substantial European gas and power trading operations. Comparable trading-focused business model with cross-border origination and physical-financial trading capabilities.
• Vitol: One of the world's largest independent energy traders, with deep European gas, power, and LNG operations across multiple hubs. Closely comparable trading-only business model with similar cross-border origination and optimization capabilities.
• Mercuria Energy Trading: Global energy and commodities trader with substantial European gas, power, and LNG operations. Closely comparable as a privately-held, multi-commodity trading house with integrated European hub presence.

Broad incumbents

• Shell Energy Europe: Major integrated oil major with a large European gas and power trading desk. Operates across multiple European hubs and offers comparable portfolio optimization across gas, power, and LNG, though as part of a much broader upstream-to-retail business.
• Uniper Global Commodities: Major European energy company with large-scale gas and power trading operations. Comparable European trading footprint and gas storage capabilities, though as part of a broader utility and generation business.
• RWE Supply & Trading: European energy major's trading arm with extensive gas, power, and LNG trading operations across continental hubs. Comparable trading model and asset-trading integration, though tied to RWE's broader generation portfolio.
• EDF Trading: Wholesale energy trading arm of EDF, with significant European gas, power, and LNG operations. Comparable cross-commodity trading model and European hub presence, though supported by EDF's nuclear generation base.
• E.ON Energy Trading: Major European utility's trading arm with gas, power, and origination activities across multiple national markets. Comparable B2B trading model and cross-border position management within a larger integrated utility.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/met-international-ag

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MET International AG