Germany Could Nationalize Its Biggest Gas Importer

OilPrice.com | Sep 14, 2022 at 8:10 AM
  • Uniper is in discussions with Germany about transferring an even bigger stake of the troubled utility to the government, Uniper said in a Wednesday statement.
  • Under the package, the German government bought a 30% stake in Uniper and made available further capital to help the company.
  • Since the July bailout of Uniper, losses at the German energy company have continued to mount as the energy crisis in Germany and Europe has worsened.