Germany: KFW provides EUR 2 billion loan to Uniper to cope with volatile prices for gas and electricity

Announcement

04 Jan 2022

In January 2022, the KfW IPEX-Bank provided financing to German energy company Uniper to support it in the context of higher volatility in energy prices.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

04 Jan 2022

Revocation date:

No revocation date

State loan

On 4 January 2022, the German state-run KfW bank announced providing a EUR 2 (USD 2.2) billion loan to Uniper as a response to current extreme market volatility on the energy markets. The loan will be...

Related State Acts

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Germany: Approval of EUR 34.5 billion recapitalisation measure to Uniper SE

22 Jul 2022

Germany: KfW increases loan to Uniper to EUR 9 billion in context of volatile energy and gas prices

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