The logo of the energy company Fortum headquarters a subsidiary of Uniper is pictured in Espoo, Finland July 22, 2022.
Roni Rekomaa/Lehtikuva/via REUTERSRegister now for FREE unlimited access to Reuters.com RegisterCompanies Fortum Oyj FollowUniper SE FollowBERLIN/DUESSELDORF, Sept 20 (Reuters) - Germany is set to buy Fortum's (FORTUM.HE) stake in Uniper (UN01.DE) and inject a further 8 billion euros ($8 billion) as part of a nationalisation of the gas importer, Uniper said on Tuesday.
The capital injection, which would come via a capital increase subscribed only by Germany's government, would bring the total package of loans and equity used to stabilise Uniper so far to at least 29 billion euros.
Register now for FREE unlimited access to Reuters.com RegisterFortum, which owns a 78% stake in Uniper, said that the deal will include the "return of the financing Fortum granted to Uniper" which the Finnish group has put at 8 billion euros.
($1 = 1.0019 euros)Register now for FREE unlimited access to Reuters.com RegisterReporting by Markus Wacket and Riham Alkousaa in Berlin, Tom Kaeckenhoff in Duesseldorf and Christoph Steitz in Frankfurt, editing by Rachel MoreOur Standards: The Thomson Reuters Trust Principles.