Uniper Sale Process – Bidding Landscape and Government Position
On 18 June 2026, Reuters reported, citing Bloomberg, that Germany’s state‑owned power producer Uniper SE attracted interest from roughly ten prospective investors. The expressions of interest were submitted by the deadline of the preceding Friday.
The bidding consortiums included:
- Private‑equity firm KKR & Co.;
- Japan’s Jera Co.;
- Canadian pension fund Caisse de dépôt et placement du Québec;
- Norway’s energy major Equinor ASA;
- German utility RWE AG;
- A consortium of Brookfield Asset Management Ltd. together with the Canada Pension Plan Investment Board;
- Sweden’s Vattenfall AB;
- Finland’s Fortum Oyj;
- Czech billionaire Daniel Kretinsky’s EPH;
- France’s TotalEnergies SE.
Earlier, Equinor, RWE, and the Brookfield‑CPPIB consortium had already lodged bids, while Vattenfall and Fortum submitted additional offers covering either the whole company or specific assets. Both EPH and TotalEnergies had previously signaled interest.
Uniper’s works council publicly opposed any sale, arguing that an initial public offering would better safeguard the company’s independence. Nevertheless, the German government retains the option of pursuing a sale, with the stipulation that it will keep roughly 25 % of Uniper’s equity post‑transaction.
The article notes that it was generated with AI assistance and subsequently reviewed by an editor.