The federal government is about to take over the gas importer



Uniper headquarters in Düsseldorf

The energy supplier has been making a huge loss for weeks.


(Photo: dpa)

Berlin, Dusseldorf The Düsseldorf company Uniper needs more state aid than previously known. The company announced in a mandatory announcement on Wednesday afternoontogether with the German federal government, it is examining, among other things, a direct capital increase that “would lead to a significant majority stake by the federal government in Uniper”.

An increase in the share to more than 90 percent is being considered, government and financial circles confirmed to the Handelsblatt. An equity injection of more than eight billion euros is under discussion, said a person familiar with the process. Since this would take place at a nominal share value of EUR 1.70, the federal government's stake in Uniper would increase to just over 90 percent. The federal government would then make the remaining shareholders an offer for the remaining share, also for EUR 1.70 per share.

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