Fossil Fuels
In Q1, Uniper will repay $2.7 billion in state aid to the bailout company
Uniper announced on Tuesday that it will pay the German Government 2.6 billion Euros ($2.7 billion) during the first quarter. The utility, which has been bailed out by the German government in Europe's energy crises, is now preparing to return to the stock exchange. In 2022, Uniper's total value was 13.5 billion euro. Sources have said that Berlin is preparing to sell its 99.12% stake as early as this year. Uniper, the German utility, is still in dispute with its former principal gas supplier Gazprom from Russia. Gazprom first curtailed and then suspended deliveries, bringing Uniper to the verge of...