Finance
Uniper to launch sale of 20% stake in Opal gas pipeline
Published by Global Banking & Finance Review®
Posted on December 15, 2025
1 min readLast updated: January 20, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on December 15, 2025
1 min readLast updated: January 20, 2026
Uniper is selling its 20% stake in the Opal pipeline, fulfilling EU bailout conditions. Interested parties must respond by January 2026.
BERLIN, Dec 15 (Reuters) - German state-owned utility Uniper will launch the sale of its 20% stake in the natural gas pipeline Opal, one of Europe's largest transmission corridors, the company said on Monday.
Uniper's disposal of the asset was a condition set by the European Commission when it approved Berlin's bailout of the utility in December 2022, at the height of the European energy crisis triggered by Russia's invasion of Ukraine.
In a statement, the company invited interested parties to submit their expression of interest by no later than January 29, 2026.
Opal stretches around 740 kilometres from Lubmin in Germany to Brandov in the Czech Republic.
Uniper's stake in Opal is held by subsidiary Lubmin-Brandov Assets GmbH & Co. KG. The remaining 80% is held by GASCADE Gastransport GmbH.
(Reporting by Rachel More, Editing by Nick Zieminski)
A gas pipeline is a system of pipes used to transport natural gas from production sites to consumers, often spanning long distances.
The European Commission is the executive branch of the European Union responsible for proposing legislation, implementing decisions, and upholding treaties.
A stake in a company refers to ownership interest, typically represented by shares, that gives the holder a claim on the company's assets and earnings.
Asset disposal refers to the sale or transfer of ownership of an asset, often to raise capital or streamline operations.
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