Reuters exclusively reported that legacy gas contracts with former main supplier Gazprom could become a key hurdle for utility Uniper in its attempts to return to the stock exchange following its 13.5 billion euro bail-out by the German government during the height of Europe’s energy crisis.
Energy
Uniper’s dormant Russian gas contracts may pose hurdle to listing
03 May 2024, 3:26 am 1 minute
Market Impact
The expected re-IPO of Uniper could become one of Germany’s biggest listings in 2025 and would mark a major milestone for Berlin following Uniper’s nationalization in 2022, making it a key strategic issue for utility investors.
Article Tags
Topics of Interest: Energy
Type: Reuters Best
Sectors: Commodities & Energy
Regions: Europe
Countries: Germany
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story