Germany Initiates Sale of Nationalized Energy Giant Uniper Amidst Energy Market Shifts
Germany has launched the privatization process for Uniper, a major energy company that was nationalized in 2022 to prevent its collapse during an energy crisis. The German government, which owns 99% of Uniper, is seeking to reduce its stake as part of an exit strategy approved by the European Commission. Potential buyers, including Equinor, Brookfield Asset Management, and others, have until June 12 to express interest. The nationalization, which cost approximately $53 billion, was a response to massive losses due to the energy crisis and lack of Russian gas supply. 
