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Met Group

Integrated energy trader, gas storage

IT Quant Engineer Intern

Internship
No salary listed
Master's
Lyon, France
In Person
Quantitative FinanceQuantitative Research, Quantitative Development

About the job

Requirements
  • A Master's degree or enrollment in the third year of an engineering school or a gap year; a specialization in mathematics or computer science is appreciated.
  • Proficiency in Python programming; knowledge of SQL and R is a plus.
  • Adaptability, responsiveness, rigor, proactivity, and autonomy.
  • Oral and written communication skills in French and English.
  • An interest in energy and customer-oriented processes.
Responsibilities
  • Evolve and optimize the existing data model in collaboration with the IT team.
  • Develop automated tools and pipelines to collect, transform, and control data from various sources, including APIs, the web, and databases.
  • Make available and structure the data needed to develop quantitative models.
  • Document the tools and procedures implemented.
  • Contribute to developing and improving forecasting models, including consumption and price forecasts.
  • Test, validate, and analyze model performance.
  • Deploy developed models to production and support their use in operational processes.
  • Integrate model results into pricing processes and the construction of commercial offers.
  • Participate in the development, backtesting, and implementation of short-term trading strategies.
  • Facilitate exchanges with a range of stakeholders.
Desired Qualifications
  • A specialization in mathematics or computer science.
  • Knowledge of SQL and R.

About the company

MET Group trades and wholesales natural gas across Europe, using a network that spans 30 national markets and 22 trading hubs, and it owns gas storage capacity including a 2 TWh operator to balance supply. Beyond gas, it is expanding into renewable energy such as solar and wind to diversify its assets. Its size and mix of trading, storage, and energy infrastructure differentiate it from peers that focus on a single area. Its goal is to support the clean energy transition by building a diversified portfolio that combines gas trading, storage, and renewable energy assets across Europe.

Company Size

1,001-5,000

Company Stage

Debt Financing

Total Funding

$2.6B

Headquarters

Zug, Switzerland

Founded

2007

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Simplify's Take

What believers are saying

  • MET closed a €1.2 billion borrowing base facility in 2026, extending to €1.8 billion.
  • MET added KGE in July 2025, expanding German gas storage by 2 TWh.
  • MET reported 2025 revenue of €28.6 billion and 435 MW solar-wind capacity.

What critics are saying

  • Europe's gas demand decline after 2026 threatens MET's trading-heavy revenue base.
  • Mega, KGE, and BESS acquisitions stretch integration across Germany, Belgium, France, and beyond.
  • Benjamin Lakatos remains executive chairman, keeping founder control tight during strategy execution.

What makes Met Group unique

  • Huibert Vigeveno, former Shell executive, became MET Group CEO on January 1, 2026.
  • MET spans 30 gas markets, 22 trading hubs, and 5.2 TWh storage.
  • MET owns customer, storage, and generation assets across gas, power, and renewables.

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Benefits

  • Professional Development Budget
  • Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

10%

1 year growth

14%

2 year growth

15%
CEENERGYNEWS
Jul 7th, 2026
MET Group closes oversubscribed $1.3B credit facility for sales and trading

MET Group closed a €1.2 billion credit facility for its sales and trading segment, with the financing transaction significantly oversubscribed. ING Bank coordinated the arrangement, whilst Coöperatieve Rabobank, Natixis CIB, and Société Générale served as lead bookrunners. High market demand allowed the company to expand the facility size by €100 million. The contract includes an option to raise the total limit to €1.8 billion. Japanese bank MUFG joined the syndicate as a new partner. According to MET, the transaction provides financial flexibility for the company's strategy and helps build its supply network around customer needs. Ankur Khera, MET Sales & Trading CFO, said the strong oversubscription reflects continued trust from banking partners and endorses the company's strategy and disciplined growth approach.

MET Group
Oct 17th, 2025
MET Group to acquire full ownership of MET Slovakia

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Black Zonure SRL
Jul 7th, 2025
MET Group Acquires KGE in Germany

MET Group, a European energy company based in Switzerland, has acquired 100% of KGE, a natural gas storage operator located in Gronau, North Rhine-Westphalia, Germany. This acquisition enhances MET Group's investment in natural gas infrastructure within Germany.

Mediarey Hungary Services Zrt.
Nov 25th, 2024
MET Group acquires Comax France for expansion

The MET Group acquired 100% of Comax France, entering the French electricity market. Comax, founded in 2003, operates a 170 MW thermal power plant and a 29 MW battery storage system, with plans for further battery projects. MET, present in 30 gas markets and 22 trading points, received a €53 million investment from Keppel Corporation in 2020. Majority-owned by Lakatos Benjámin, MET is 90% employee-owned, with Keppel holding 10%.

Verslo žinios
Jul 29th, 2024
MET Group secures €1.1B loan

Swiss company MET Group, aiming to acquire Achemos Group, signed a €1.1 billion loan agreement to finance its sales and trading segment. The loan, coordinated by ING Bank and joined by Rabobank, Natixis CIB, Société Générale, and 13 other international banks, can be increased to €1.7 billion. This agreement supports MET's gas, LNG, and electricity trading operations. In 2023, MET Group's consolidated sales revenue was €24.5 billion.