Deals
Germany Eyes Uniper IPO After Historic Energy Crisis Bailout
- IPO is preferred option for selling utility, ministry says
- Uniper was once Germany’s biggest importer of Russian gas
Uniper's gas power plant in Brandenburg, Germany.
Photographer: Krisztian Bocsi/BloombergThis article is for subscribers only.
Germany’s government took a first step toward privatizing Uniper SE, the utility it nationalized at the peak of Europe’s energy crisis in 2022 after Russia curbed gas flows to the region.
The nation’s finance ministry said an initial public offering is its preferred option for selling the company, according to a statement. It’s also considering off-market sale alternatives.