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About Us

ElectroGas Malta consortium was formed in 2013 to participate in a competitive bidding process set out by Enemalta, the government-owned power utility company of Malta.  Read More..

ElectroGas Malta is equally owned by Siemens Project Ventures GmbH, Socar Trading SA, and GEM holding Limited.

Each company holds 33.3% ownership interest in EGM and consortium members have a strong combined international and local expertise in development and operation of gas fired power plants and in management of logistics for LNG supply. Together, the consortium members have been able to deliver the requirements set out during the bidding process.

Siemens Project Venture GMBH are world leading experts in construction and operation of CCGT power plants with turbines designed, manufactured, commissioned and maintained by Siemens Group as well as being equity investor in various large-scale power projects worldwide.

Siemens Project Venture GmbH regularly invests in ambitious infrastructure projects with particular focus on energy and industry. Siemens are renowned for their worldwide involvement as key experts in projects that demand state-of-the-art technological capabilities for construction, operation or maintenance of such projects.

GEM, through its three leading local shareholders, fulfil the invaluable role of local partners who know and understand Malta’s specific requirements.

GEM Holdings Ltd. is the result of a partnership between three local leading groups of companies with an established track record in bringing large projects to completion.

These groups are the Gasan Group, Tumas Group  and CP Holdings all of which are clear leaders in their respective sectors.

SOCAR is an experienced integrated producer of oil and gas and is involved in up, mid and downstream activities in the global oil and gas sector, including LNG. In addition to the company’s role in the production of fuels, logistics and delivery, SOCAR is involved in a number of significant infrastructure projects globally.  

Established in 2007 in Geneva as the trading arm of SOCAR, Socar Trading SA supplies close to 50 million tons of crude and oil products to customers worldwide.