Uniper SE mentioned Monday it’s now open for expressions of curiosity for its 20 p.c curiosity within the OPAL pure gasoline pipeline, amongst property it has agreed to promote as a part of European Fee situations in approving Uniper’s bailout by the German authorities late 2022.
OPAL, or the Baltic Sea Pipeline Hyperlink, carries as much as 36 billion cubic meters (1.27 trillion cubic toes) a 12 months of gasoline, based on operator and 80 p.c proprietor GASCADE Gastransport GmbH.
“OPAL is one among Europe’s largest transmission corridors, stretching roughly 740 kilometers [459.81 miles] from Lubmin in Germany to Brandov within the Czech Republic”, Uniper mentioned in a press release.
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“As a part of Germany’s Hydrogen Core Community framework, OPAL’s northern section conversion has been accomplished in mid-December 2025, with the southern section to comply with by the tip of 2030”.
“The transaction perimeter covers one hundred pc of the shares in Lubmin-Brandov Belongings GmbH & Co KG which holds the 20 p.c fractional possession in OPAL”, the German energy and gasoline utility mentioned.
The submission of expressions of curiosity runs by January 29, 2026.
“The bidding course of might be run in an open, honest and clear manner”, Uniper mentioned.
On December 20, 2022, the European Fee permitted German state assist to recapitalize and take over Uniper, the Fee recognizing Uniper’s losses associated to the disruption of gasoline deliveries amid the Russia-Ukraine conflict. To fulfill European Union honest competitors guardrails, Germany dedicated to understanding an exit and Uniper agreed to divest key companies.
Early this month Uniper mentioned it had accomplished the sale of the Datteln 4 coal-run energy plant in North Rhine-Westphalia to Czechia’s ResInvest Group. Commissioned 2020, the power has a internet output of 1,052 megawatts (MW). It provides electrical energy and district heating to households, in addition to traction energy to rail operator Deutsche Bahn, based on Uniper.
On November 3 Uniper mentioned it had closed the sale of Uniper Waerme GmbH, a district heating community serving over 14,400 prospects in Germany’s Ruhr space, to Steag Iqony Group’s Iqony Fernwaerme GmbH. Waerme has a community of over 750 kilometers (466.03 miles), based on Uniper.
On July 9 Uniper mentioned it had bought its 18.26 p.c stake in AS Latvijas Gaze, which is concerned in pure gasoline buying and selling and gross sales within the Baltics, to co-venturer Power Investments SIA.
On February 5 Uniper mentioned it had accomplished the sale of its North American energy portfolio. The sale coated “energy buy and sale contracts and vitality administration agreements within the North American energy markets ERCOT (North, South, West and Houston), WEST (WECC and CAISO) and CENTRAL (MISO and SPP) by quite a few transactions with a number of counterparties”, Uniper mentioned then. The North American tendencies excluded Uniper’s gasoline portfolio and hydrogen-related actions.
On January 7 Uniper mentioned it had accomplished the sale of its gas-fired energy plant in Gonyu, Hungary, to the native subsidiary of France’s Veolia SA. Commissioned 2011, the facility plant generates as much as 430 MW, based on Uniper.
Within the different divestments accomplished as a part of the bailout situations, Uniper in Might 2023 bought its marine gas buying and selling enterprise within the United Arab Emirates and its 20 p.c oblique stake within the BBL gasoline pipeline linking the Netherlands and the UK.
The opposite property within the divestment bundle, which should be accomplished 2026, encompass an 84 p.c stake in Unipro in Russia and Uniper’s worldwide helium enterprise, Uniper says on its web site.
To contact the creator, e-mail jov.onsat@rigzone.com
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