Amber Grid Completes Strategic Transfer of GET Baltic Shares

Author: Olivia Taylor Updated: 10-10-2025 09:15 AM

Amber Grid and EEX Conclude Strategic Share Transfer

In a significant development for the energy market, European Energy Exchange AG (EEX) and Amber Grid have successfully concluded the strategic transition to transfer the shares of GET Baltic to a partner selected through an international public tender process.

First Stage of the Share Transfer

This journey initiated in 2023, marked a pivotal moment when the Amber Grid Board and the General Meeting of Shareholders endorsed the sale. After a thorough evaluation of GET Baltic’s financial performance, 66% of the company’s shares were successfully sold for €6.5 million. This initial venture has paved the way for further advancements in the energy sector.

Valuation of Remaining Shares

As the transfer process progresses, the valuation of the remaining 34% of GET Baltic’s shares is set at €3.8 million. This strategic move is aimed at bolstering the operational capabilities and market presence of GET Baltic, reinforcing its role in the natural gas market.

GET Baltic’s Role in the Market

GET Baltic operates as a licensed natural gas market operator, holding the status of a registered data reporting entity (RRM) that has been recognized by ACER. In a remarkable milestone, GET Baltic initiated its gas trading activities in the Baltic States as well as Finland, marking a significant step forward in enhancing the regional gas market.

Future Outlook

The completion of this share transfer is expected to significantly enhance the efficiencies in gas operations across the Baltic region. Stakeholders and partners are eager to witness how this transition will elevate the competitiveness and responsiveness of the natural gas market, benefiting consumers and fostering energy security throughout the region.

Contact Information

For more details and inquiries, you can reach out to:

Egl? Krasauskien?

Head of Communications

+37063706011

Email: E.Krasauskiene@ambergrid.lt

Frequently Asked Questions

What is the significance of the transfer of GET Baltic's shares?

The transfer is crucial for enhancing operational capabilities and market efficiency in the gas sector in the Baltic region.

How much were the initial shares of GET Baltic sold for?

The initial 66% of shares were sold for €6.5 million.

What is GET Baltic's role in the natural gas market?

GET Baltic functions as a licensed natural gas market operator and has received accreditation as a registered data reporting entity by ACER.

What is the current valuation of the remaining shares?

The remaining 34% of shares are valued at €3.8 million.

Who can be contacted for more information regarding this transfer?

Egl? Krasauskien? is the Head of Communications and can be contacted for further details.

About The Author

Olivia Taylor here, a 26-year-old writer and financial advisor. After earning a degree in finance, I worked in the sector for years. I've always loved numbers and had a talent for simplifying difficult financial ideas so that anyone could understand. I wrote my first book because of this passion; it helps readers take charge of their financial futures by fusing real-life stories with useful financial advice.

Whether they are just beginning their careers, preparing for significant life events, or seeking to invest wisely, my goal with my writing is to enable people to make educated financial decisions. The foundation of my work is the conviction that security and freedom of the individual are largely determined by financial literacy. To further financial education, I run workshops and frequently write for financial blogs in addition to my books.

I like to travel, experience other cultures, and find inspiration in daily life when I'm not writing or examining market trends. My passion is utilizing sound financial practices to help people reach their financial objectives and lead the best lives possible.

Contact Olivia Taylor privately here. Or send an email with ATTN: Olivia Taylor as the subject to contact@investorshangout.com.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.