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Uniper eyes 4 GW of renewables capacity beyond 2025 – CEO

This includes the group’s business in Russia, where the company so far only operates fossil-fuel based power stations. FRANKFURT: German utility Uniper is planning to develop 4 gigawatts of solar and wind power projects beyond 2025, Chief Executive Andreas Schierenbeck said on Thursday. This includes the group’s business in Russia, where the company so far […]

STT GDC India to promote sustainable development and low-carbon business practices by increasing use of renewable energy

Finland’s Fortum to gain control of Uniper in $2.5-bn deal

Move would bring it closer to full ownership of Uniper HELSINKI/FRANKFURT: Finnish utility Fortum is set to gain control of Germany’s Uniper by acquiring the stakes of activist funds Elliott and Knight Vinke, potentially ending a long-running deadlock over ownership of the group. State-controlled Fortum has been seeking control of the energy firm since 2017, […]

Germany urged to be carbon-neutral by 2040

Uniper, Fortum in constructive but complex talks over future

Uniper boss Andreas Schierenbeck, in the job since June, has been tasked with working out a solution for the situation, which also involves activist funds Elliott and Knight Vinke, jointly holding a stake of nearly 23% FRANKFURT/DUESSELDORF, Germany: German energy firm Uniper is holding constructive but complex talks with top shareholder Fortum over their future […]

Germany urged to be carbon-neutral by 2040