News Digest Item
13 Nov 2018

Energy company Uniper fails to get out of the red


German energy company Uniper faces a loss of 550 million euros and fails to get out of the red after the first three quarters of 2018, the company says in a press release. The company owned by Finnish energy provider Fortum says that the “increased CO2  price had a negative effect” on its business and also blames “a weaker operating performance by the gas business” and “negative currency-translation effects on the Russian rouble” for its difficulties. 

Find the press release in English here. 

See the CLEW dossier Utilities and the energy transition and the factsheet Germany’s largest utilities at a glance for more information.

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