Uniper sells stake in Latvijas Gaze under bailout conditions
Published by Global Banking & Finance Review®
Posted on July 9, 2025
1 min readLast updated: January 23, 2026
Published by Global Banking & Finance Review®
Posted on July 9, 2025
1 min readLast updated: January 23, 2026
Uniper sells its 18.26% stake in Latvijas Gaze to Energy Investments SIA as part of a bailout condition set by the European Commission.
BERLIN (Reuters) -Uniper said on Wednesday it would sell its 18.26% shareholding stake in AS Latvijas Gaze to Energy Investments SIA, as the German utility fulfills one of the conditions of a government bailout it received in 2022.
When Germany rescued Uniper in the wake of Europe's energy crisis, the European Commission gave its consent under the condition that Uniper sell a number of assets, including stakes in Russia's Unipro and Latvia's Latvijas Gaze.
(Writing by Rachel MoreEditing by Ludwig Burger)
Uniper is selling its 18.26% shareholding stake in AS Latvijas Gaze.
The stake is being sold to Energy Investments SIA.
The sale is part of the conditions set by the European Commission following Germany's bailout of Uniper.
Germany rescued Uniper amid Europe's energy crisis, which led to the requirement to sell certain assets.
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