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10-year PPA signed for wind energy supply – MET Energia Italia and Eredi Gnutti Metalli join forces for energy transition

Brescia (Italy), 3 June 2025 – MET Energia Italia and leading Italian metallurgy company Eredi Gnutti Metalli announced a 10-year Power Purchase Agreement (PPA). Through this long-term energy supply contract, Eredi Gnutti Metalli commits to purchasing an annual quantity of electricity at a fixed price for a period of ten years.

The electricity covered by the PPA and its Guarantees of Origin will be generated by wind farms operating in Italy. The quantity involved represents approximately 9% of the Brescia-based plant’s energy needs, allowing Eredi Gnutti Metalli (EGM) to become even more efficient, sustainable, and competitive.

EGM General Manager Nicola Gnutti Cantele said: “In a global context where energy transition has become a strategic priority for many companies, EGM chose to take another significant step towards environmental sustainability.”

MET Energia Italia CEO Giuseppe Rebuzzini added: “The ability to provide tailor-made solutions for large industrial clients is a defining characteristic of our operations. Through this deal, Eredi Gnutti Metalli can stabilize the price of its energy supply for the long term.”

In a highly energy-intensive sector like metallurgy, the adoption of renewable sources represents a significant shift. This type of strategic choice demonstrates how sustainability can be integrated into traditional industrial models, transforming environmental challenges into opportunities for innovation.

MET Energia Italia and MET Group have been contributing to the green transition in Italy and Europe for years. MET Italia is a key player in providing energy commodities to large Italian industrial clients, with a contract portfolio that reached 10.5 TWh of natural gas and electricity in 2024. The company has also been executing medium- and long-term PPA contracts with industrial end-users throughout Italy.

MET Group

MET Group is an integrated European energy company, headquartered in Switzerland, with activities and assets in natural gas and power markets. MET is present in 17 countries through subsidiaries, 31 national gas markets, and 44 international trading hubs. The company's 1,100+ employees represent close to 60 nationalities. MET has extensive experience operating green (renewable) and flexible (conventional) energy assets, thus providing the widest possible support to energy transition. In 2024, MET Group’s consolidated sales revenue amounted to EUR 17.9 billion, with a total traded volume of natural gas amounting to 140 BCM and total traded electricity of 76 TWh.