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Home > Finance > Uniper sells stake in Latvijas Gaze under bailout conditions

Finance

Uniper sells stake in Latvijas Gaze under bailout conditions

Published by Global Banking and Finance Review

Posted on July 9, 2025

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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)

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