“Uniper reports 3.2 billion-euro net loss as electricity prices fall”
Financial Times
E.ON spin-off Uniper made a net loss of 3.2 billion euros last year due to big writedowns on generation and gas-storage assets, reports Guy Chazan for the Financial Times. But Uniper said it had “good momentum for 2017” having delivered a “solid” operating performance and strengthening its balance sheet, in what was its first financial year as an independent company.
Read the report in English here.
Find the Uniper press release in English here.
For background on the woes of Germany’s former top utilities, read the dossier Utilities and the energy transition.
The factsheet E.ON shareholders ratify energy giant’s split provides background on the changes at the company.
All texts created by the Clean Energy Wire are available under a
“Creative Commons Attribution 4.0 International Licence (CC BY 4.0)”
.
They can be copied, shared and made publicly accessible by users so long as they give appropriate credit, provide a
link to the license, and indicate if changes were made.