Germany Mulls Uniper Bailout to Stem Russian-Gas Contagion
- Economy ministry confirms talks to stabilize energy giant
- Government has warned of spillover due to supply squeeze
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Germany is in talks to bail out energy giant Uniper SE to stem broader fallout from Russia’s moves to slash natural gas deliveries.
Uniper, the largest buyer of Russian gas in Germany, said it’s discussing a possible increase in state-backed loans or even equity investments to secure liquidity. The crisis could also affect Finland, which controls Uniper’s parent Fortum Oyj. The utility said Uniper’s rescue requires a national effort “in Germany.”