German energy company Uniper announced Monday it was launching the sale of its 20% stake in the regulated OPAL gas pipeline, a move mandated by the European Commission’s state aid approval decision from December 20, 2022.
The transaction involves 100% of the shares in Lubmin-Brandov Assets GmbH & Co. KG (LBA KG), the entity that holds Uniper’s fractional ownership in the critical European pipeline, with GASCADE Gastransport GmbH holding the remaining 80% stake.
Stretching approximately 470…
