MOL RES Investments Zrt. (legal name: MOL RES Investments Zártkörűen Működő Részvénytársaság) is a wholly owned subsidiary of MOL Plc., the Hungarian integrated oil and gas company. Formerly known as CEGE Ltd. (Central European Geothermal Energy), it originally focused on geothermal energy exploration and production.
Headquartered in Budapest, the company serves as an investment vehicle for MOL Group, facilitating strategic acquisitions in the energy sector. Notably, it has been involved in transactions to increase MOL Group's stake in ALTEO Plc., a Hungarian energy services provider specializing in renewable power generation and trading, aligning with MOL's diversification into green energy.
Recent activities include a share-swap deal with Főnix Private Equity Fund to acquire additional ALTEO shares (15.38%), raising MOL Group's total ownership to nearly 40%, in exchange for WABERER’S shares, pending regulatory approvals expected in Q2 2026.
Also known as MOL RES Investments Ltd..
Share-swap: 15.38% exchanged for 15% stake; transaction priced on 180-day averages, no cash flows. Parallel sale of 9.22% to Riverland. Pending regulatory approvals; close expected Q2 2026.
