Belgium, (Brussels Morning Newspaper) Germany is close to taking over Uniper power utility from its Finnish state-owned counterpart Fortum.
Uniper pointed out that it was wrapping up negotiations with the German government and Fortum to amend the bailout agreement from July, according to Reuters reporting on Tuesday.
Uniper, Germany’s largest importer of Russian gas, is struggling to remain solvent as price of fossil fuels continues to rise and Moscow reduced natural gas supplies to Germany.
Continue reading Germany to take over Uniper from Finnish Fortum at Brussels Morning Newspaper.
