The German government becomes the sole owner of the SEFE Group

14 November 2022

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The German government becomes the sole owner of the SEFE Group

At the start of August, we shared the news that Gazprom Energy had renamed to become SEFE Energy. This was a significant step forward for our business and followed the appointment of the German Federal Network Agency (BNetzA) as trustee for the SEFE Group of companies in April of this year.

We are now pleased to confirm that the Federal Government of Germany has become the sole owner of SEFE Group and all its subsidiaries, including SEFE Energy.

This change solidifies SEFE Group as a major European energy company with the strength and stability to fulfil the important task of sustainably securing energy for Europe.

You can read more about this change of ownership in the German Federal Ministry For Economic Affairs and Climate Action's (BMWK) press statement published Monday 14 November 2022 (you can view the English version here).

While this is a very positive development for our organisation, we would like to reassure our customers and partners that there will be no change to our day-to-day operations. We remain steadfast in our commitment to offering a reliable and customer-focused service to businesses and organisations across Great Britain, France and the Netherlands for many years to come.

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