Uniper to Repay Germany €2.6 Billion in State Aid
The energy giant fulfills EU conditions after receiving €13.5 billion in aid during the 2022 energy crisis.
- Uniper, Germany's largest gas trader, will return €2.6 billion to the federal government in the first quarter of 2025, slightly exceeding prior estimates of €2.5 billion.
- The repayment follows the company's recovery from a 2022 financial crisis caused by halted Russian gas deliveries and costly replacement purchases.
- Germany became a 99% majority owner of Uniper after providing €13.5 billion in state aid to stabilize the company during the energy crisis.
- As per EU conditions, Germany must reduce its stake in Uniper to a maximum of 25% plus one share by the end of 2028, primarily through stock market sales.
- Uniper continues to play a critical role in Europe's energy sector, operating power plants and gas storage facilities while planning investments in renewable energy and hydrogen-compatible infrastructure.