Uniper SE / Key word(s): Miscellaneous
The German government, Fortum and Uniper agreed in July on a stabilisation package for Uniper. Since then, the parties’ joint priority has been the implementation of the stabilisation measures and a long-term solution for Uniper. Due to the increased uncertainties in the operating environment, the parties are also looking into alternative solutions, inter alia a straight equity increase that would result in a significant majority participation by the German Government in Uniper. No decisions beyond what was agreed in the stabilisation package in July have been made.
Since the stabilisation agreement was signed, the European energy crisis has escalated further as no Russian gas volumes are currently being supplied through Nord Stream 1 and both gas and power prices have been extremely high and volatile. Consequently, since July, Uniper’s financial losses due to the higher gas procurement cost have significantly increased. The deteriorating operating environment and Uniper’s financial situation have to be taken into account while Fortum, the German government and Uniper continue their discussions on a long-term solution for Uniper.
Person making the notification:
Dr. Sascha Fehlemann
Senior Vice President Corporate Legal Affairs
Contact for investors and analysts:
Executive Vice President
Group Finance & Investor Relations
Mobile +49 1515 1213 9656
Telefax +49 211 4579 2022
Senior Vice President
External Communication & Sustainability Communication
Phone +49 211 4579 5570
Mobile +49 178 439 4847
14-Sep-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
|Phone:||+49 211 73275 0|
|Fax:||+49 211 4579 2022|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange|
|EQS News ID:||1442189|
|End of Announcement||DGAP News Service|