×

What are you searching for?




News

4 Min read

Uniper is now owned by the German government in an effort to guarantee the country's reliable electricity supply

Published On 29 Sep 2022 12:19 PM


SHARE THIS ARTICLE  


To prepare for the coming winter, Germany has been taking unprecedented measures to stabilize its energy market. On Wednesday, the German government announced an agreement to nationalize Uniper, the country's largest gas importing company.

Under the terms of the agreement with Uniper, the government would invest 8 billion euros in a capital increase for the company. Berlin will spend almost 500 million Euros to acquire the contro....


Tags : Uniper, German, government, electricity supply,
SHARE THIS ARTICLE  

Leave a comment 

comments (0)