German World News: Germany's largest natural gas importer is injected by the state -owned government 8 billion euros

Author:China Well -off Time:2022.09.22

China Well -off. September 21st. UniPer, the largest natural gas importer in Germany, will be nationalized. The Group announced on Tuesday that Uniper was negotiating with the federal government and Fortum, Finland's major shareholder.

Uniper headquarters logo

The German World News reported that Bloomberg reported that the federal government, UNIPER and Fortum have reached an agreement. The federal government is planning to inject cash of about 8 billion euros into the UNIPER SE as part of the unprecedented agreement to prevent the nationalization of this natural gas giant from collapsed by the country. According to Bloomberg, as part of the agreement, the federal government will purchase Fortum's shares in Uniper. The funds injected into Dusseldorf Public Institute will enable it to repay Fortum loans.

"All relevant personnel are developing sustainable stable solutions for Uniper," UNIPER explained that he refers to a stable solution reached with the federal government and Fortum at the end of July. "As we conveyed on September 14, due to the increased uncertainty of the operating environment, the relevant parties are currently studying the adjustment of stable measures, including capital increase, which will lead to a large number of equity in the Uniper." Discussion is in progress.

Rolf Mützenich, the SPD faction leader of the Social Party, said that he supports the country's acquisition of this natural gas supplier. "If others now also conclude that this is the right way, we will support it," Mützenich said in the discussion of the traffic light government.

Regarding controversial natural gas surcharges, he added that the Federal Economic and Technical Department of the Social Democratic Party Parliament Group will also conduct legal review. The leader of the Social Democratic Party Parliament group said that the Minister of Economic Minister has acknowledged that his family and his own natural gas surcharges were unnecessary "good polishing". Henndrik Wüst (CDU) of North Rhine-West Flyna calls for the cancellation of the planned natural gas tax under nationalization.

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