13.01.2025

Gaznat sells its SET shares to GVM to focus on its own portfolio

Gaznat SA and Erdgas Zentralschweiz AG (EGZ) have formalized the resale of their shares in the Zurich-based company “Swiss Energy Trading” (SET), with retroactive effect to January 1, 2025.

Set up in 2009 by regional Swiss gas companies, SET is a reference interface between Swiss regional gas suppliers and the European natural gas markets.

Gasverbund Mittelland AG (GVM), formerly a co-shareholder with Gaznat and EGZ, now takes over the entire main shareholding of SET.