Germany bails out Uniper in fallout from Russian gas squeeze

Berlin settles on buying 30% of the German utility to stave off the demise of one the county’s most important energy providers, under severe pressure due to squeezed gas supply owing to Russia’s war against Ukraine.

By Vanessa Dezem, Arne Delfs & Josefine Fokuhl, Bloomberg News

Germany hammered out a rescue package for Uniper SE to prevent the collapse of a linchpin in the country’s energy network in the wake of Russia’s moves to slash gas supplies.

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German government nears state-led bailout of Uniper
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France offers to pay EUR 9.7bn for EDF nationalization
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Ailing Uniper continues bailout negotiations with the German state
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