The first regional energy exchange for Central and Southeast Europe, ADEX Group, has announced the successful acquisition of the Hungarian Power Exchange (HUPX), laying a solid foundation for enhancing liquidity, integration, and transparency in the electricity market in Central and Southeast Europe.
This transaction marks a major milestone for ADEX Group, which now becomes the sole owner of the Slovenian exchange BSP, HUPX, and the Serbian exchange SEEPEX. Through this structure, ADEX aims to create a unified electricity trading platform, offering efficient and streamlined services for current and future market participants.
„Today marks the beginning of a new era in regional electricity trading. By merging HUPX with our group, we reaffirm our commitment to creating a unified electricity market that will accelerate the energy transition and contribute to market consolidation in the region”, stated Anže Predovnik, Chairman of the Board of ADEX Group.
More:
- EBRD Supports Croatia’s Largest Solar Power Plant Operated by Hrvatska Elektroprivreda
- Romania Inaugurates New Solar Park with Energy Storage System
- Energy Transition and Market Challenges
The integration of HUPX is part of ADEX’s broader vision to connect fragmented markets into a unified European electricity market. With stable operations across all three exchanges – BSP, HUPX, and SEEPEX – ADEX plans to introduce a comprehensive approach that includes market integration and improved customer experience.
This transaction further establishes ADEX Group as a leading hub for electricity trading, with a clear vision of strengthening cooperation and efficiency in the region. In the coming months, ADEX will focus on integration efforts to provide users with a unique and transparent regional trading experience.
Energy portal
