Gas: the German State will keep 30% of the capital of the energy company Uniper

The German state will take, as part of a vast rescue plan, 30% of the capital of the energy giant Uniper, threatened with bankruptcy due to falls in the delivery of Russian gas, the group announced on Friday.

This plan “includes a capital increase of approximately 267 million euros for an issue price of 1.70 euros per share”, which will entail “a public participation of approximately 30%”, a public loan of “up to 7,700 million euros euros” into convertible shares bonds and an extension to “9 billion euros” of the group’s credit facility with public bank KfW, it said.

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