Muon Electric boosts it’s position towards a leading green power utility in Portugal
Smartenergy on its way as an integrated full value chain investor in renewable energy
Muon Electric has taken over renewable energy PPA’s up to 500 GWh per year from PH Energia (Energia Simples). With this, Muon secures its supply chain and continues to strengthen its position towards becoming a leading supplier of green energy on the Portuguese market. Muon is wellknown for its innovative and competitive offering to deliver renewable energy to the industry and to private households.
The Swiss-based Smartenergy Group, already holding a majority in Muon Electric, acquired the remaining stake and thereby took full ownership of the Portuguese energy trader.
For Smartenergy the acquisition is a further step towards vertical integration and broadening market access for renewable energies, not only for electricity from solar and wind production, but in the future also for green hydrogen and synthetic fuels. It underlines Smartenergy’s commitment to becoming a fully integrated new generation energy supply investor.