“Our three countries have consolidated their exchanges so as to be more efficient when trading electrical energy, but all this also increases the availability of electrical energy for our countries, for our citizens and the economy, and creates the conditions for more favorable prices,” Serbia’s Minister of Mining and Energy Dubravka Đedović Handanović said.

Adex Group announced last Tuesday that it had successfully closed the transaction that consolidated the Slovenian (BSP), Serbian (Seepex) and Hungarian (HUPX) electricity exchanges under its ownership.

Elektromreza Srbije, one of the founders of Adex Group, said it marks a milestone in developing the region’s power trading market.

This achievement positions the group as the premier power trading hub for Central, Eastern, and Southeastern Europe, further supporting market liquidity, integration through market coupling, efficiency, and price transparency, it is said.

Through the transaction, the Adex Group, headquartered in Budapest, becomes the sole shareholder of BSP, HUPX, and Seepex.