Uniper Stock News

Uniper reappoints CEO Michael Lewis for another five years

Apollo Global Management has submitted a non-binding offer for German state-owned energy ​firm Uniper , two people with direct knowledge of ‌the matter said, joining the auction for one of Germany's biggest utilities.

Uniper labour representatives oppose a sale of the state-owned utility to a strategic bidder, the head of its works council said, arguing that ​an initial public offering would avoid the risk of a break-up.

German state-owned utility Uniper signed a deal to procure synthetic sustainable jet fuel (eSAF) from US-based Arcadia eFuels, the ​companies said on Wednesday.

Germany's Uniper has filled 70% of its reserved natural gas storage capacity despite wholesale prices over the summer providing few economic ​incentives in a market made more challenging by the war in Iran, ‌its CEO said on Monday.

Germany's Uniper has signed a deal to import more than 30 terawatt hours ​of gas a year from Equinor from 2027, the ‌companies said on Monday, strengthening Norway's position as the key supplier to Europe's biggest economy.

German utility Uniper on Tuesday warned ​gas prices would stay ‌around €50 to €60 per megawatt hour as long as the ​Strait of Hormuz ​remains closed, its CEO said.