Germany risks being left holding 2.2 billion euros ($2.1 billion) of unsellable Russian energy assets when it takes over Uniper SE at the end of the year.
The Dusseldorf-based utility has so far failed to find a potential buyer for its Russian subsidiary Unipro since putting it up for sale in March, according to people familiar with the matter. And the odds of a deal are vanishingly small amid Europe’s energy conflict with Russia, which escalated this week after a key natural gas pipeline was damaged in what Germany called an act of sabotage.
