Germany nationalises biggest gas importer to avert supply crisis
by Julia Kollewe from on (#63WBJ)
Deal includes 8bn cash injection for Uniper, which had been controlled by Finnish energy group Fortum
Germany has agreed to nationalise its biggest gas importer, Uniper, to avert a crisis as it battles energy shortages resulting from Russia's war in Ukraine.
The deal builds on a rescue package agreed in July, when Berlin took a 30% stake in the company, and includes a capital injection of 8bn (about 7bn) of government money.
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