General Meeting approves measures to stabilize Uniper
At today's Extraordinary General Meeting, the shareholders of Uniper approved the proposed capital measures by a large majority.
With the Annual General Meeting, Uniper also fulfilled its obligation under section 92 of the German Stock Corporation Act (Aktiengesetz). The company has reported on the loss in the amount of more than half of the company's registered share capital under German GAAP as of 30 September 2022 and explained the situation of the company to the shareholders.
The results of the votes will be available shortly on the Uniper website at Extraordinary General Meeting 2022 | Uniper.
The EU Commission's approval under state aid law, which is required for the implementation of the measures to stabilize Uniper, is expected in the near future.
Düsseldorf-based Uniper is an international energy company with activities in more than 40 countries. With around 7,000 employees, it makes an important contribution to security of supply in Europe. Uniper’s core businesses are power generation in Europe, global energy trading, and a broad gas portfolio. Uniper procures gas – including liquefied natural gas (LNG) – and other energy sources on global markets. The company owns and operates gas storage facilities with a capacity of more than 7 billion cubic meters. Uniper plans for its 22.5 GW of installed power-generating capacity in Europe to be carbon-neutral by 2035. The company already ranks among Europe’s largest operators of hydroelectric plants and intends to further expand solar and wind energy, which are essential for a more sustainable and autonomous future.
Uniper is a reliable partner for communities, municipal utilities, and industrial enterprises for planning and implementing innovative, lower-carbon solutions on their decarbonization journey. Uniper is a hydrogen pioneer, is active worldwide along the entire hydrogen value chain, and is conducting projects to make hydrogen a mainstay of the energy supply.
This press release may contain forward-looking statements based on current assumptions and forecasts made by Uniper SE Management and other information currently available to Uniper. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. Uniper SE does not intend, and does not assume any liability whatsoever, to update these forward-looking statements or to modify them to conform with future events or developments.