MT Group, a European EPC (Engineering, Procurement, and Construction) contractor specializing in strategic energy and industrial infrastructure, has signed a major construction agreement with energy developer Gasfin Development (Gasfin). The project involves building and installing a 60 MW thermal power plant for Gasfin at the Brunsbüttel FSRU (Floating Storage Regasification Unit) LNG terminal, operated by Deutsche Energy Terminal GmbH (DET), a state-owned entity in Germany.
“This project aligns perfectly with MT Group’s long-term strategy to lead Europe’s energy transformation. Leveraging our extensive experience in delivering complex LNG projects, we are not only supporting Germany’s energy independence but also demonstrating our commitment to developing sustainable energy infrastructure across the region. The successful execution of this project for Gasfin will showcase MT Group’s ability to meet stringent technical and operational standards, adding significant value to our portfolio,” said Mindaugas Zakaras, CEO of MT Group.
The new thermal power plant will support the regasification process at the floating terminal, boosting efficiency and overall performance. Under the contract, MT Group will oversee general construction and mechanical tasks, including the installation and operation of technological equipment, electrical and automation systems, and overall project supervision. Preparatory work has already begun, with construction slated to start in 2024.
MT Group is recognized as a leader in EPC contracting for critical energy and industrial projects across Europe, with expertise in the development, design, and construction of renewable energy plants, hydrogen facilities, and carbon capture infrastructure, placing the company at the forefront of sustainable solutions.
Additionally, MT Group is a founding partner of Green Energy Park Global, one of the world’s largest renewable energy ventures. This initiative will produce cost-effective gigawatt-scale green hydrogen to support decarbonization efforts in energy and transportation sectors across Europe and beyond.
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