Germany’s Uniper Said to Draw Interest From Around 10 Bidders (opens original article in a new tab)

Germany’s state-owned energy company Uniper SE is attracting interest from around 10 bidders, including major private equity and energy firms, as the government considers selling its stake while retaining a 25% ownership.

• Private equity firm KKR & Co., Japan’s Jera Co., and Canadian pension fund Caisse de dépôt et placement du Québec are among around 10 bidders for Germany’s state-owned Uniper SE.
• Other potential bidders include Norway’s Equinor ASA, German energy company RWE AG, Brookfield Asset Management Ltd. in a consortium with Canada Pension Plan Investment Board, Vattenfall AB, Fortum Oyj, Czech billionaire Daniel Kretinsky’s EPH, and TotalEnergies SE.
• Uniper remains a key player in Germany’s energy system as a major gas importer and power plant operator, and the German government plans to retain a 25% stake even after a potential sale.