Uniper and Fortum sign agreement on long-term financing

By Global Infrastructure Sherpa · Mar 15, 2025

Financing announced Germany Mar 15, 2025

EUR8000M

Deal Value

Uniper and Fortum signed an agreement on long-term financing of €8 billion to ensure Uniper's financial stability. The financing arrangement includes a combination of equity and debt.

Source Intelligence

KEY DETAILS

Fortum has the right of first offer in case Uniper intends to divest all or parts of its Swedish hydro and nuclear assets until the end of 2026. Quote: As part of the signed package, Fortum has the right of first offer in case Uniper intends to divest all or parts of its Swedish hydro and nuclear assets until the end of 2026.

“

Deal Size

After the equity capital increase, the German State acquires all of Fortum‘s approximately 293 million shares in Uniper SE for EUR 1.70 per share, a total consideration of approximately EUR 0.5 billion.

“

Financials

Uniper will repay the EUR 4 billion shareholder loan, which Fortum has granted to Uniper.

“

Announcement

19 December 2022 at 10:45 EET

“

Signing

Fortum, Uniper and the German State have signed the final stabilisation agreements

“

Expected Close

As communicated earlier, the completion of the stabilisation package is expected to take place before the end of 2022.