uniper
Summary
Uniper SE intends to sell its district heating business in the Ruhr-area in accordance with the European Commission’s state aid approval decision of 20 December 2022 (SA.103791; Link to press release).
The transaction perimeter covers 100% of the shares in Uniper Wärme GmbH (“UWG”), including UWG’s participation in “Grüne Quartiere GmbH”. UWG owns and operates one of Germany’s largest district heating networks with a length of more than 700 km in the densely populated Ruhr area and is supplying more than 14,000 customers (equivalent to ~160,000 household units) in several cities and municipalities in the Ruhr area with heat.
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