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Germany to Inject $8 Billion in Uniper Nationalization Plan.

Authors :
Henning, Eyk
Sorge, Petra
Source :
Bloomberg.com; 9/20/2022, pN.PAG-N.PAG, 1p
Publication Year :
2022

Abstract

As part of the deal, Germany will buy Fortum's 78% stake in Uniper and the money injected in the Dusseldorf-based utility will allow it to repay a Fortum loan. (Bloomberg) -- The German government is planning to inject about 8 billion euros ($8 billion) into Uniper SE as part of a historic agreement to nationalize the gas giant in a push to stave off a collapse of the country's energy sector. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
159212087