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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.
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.
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