Uniper has completed the sale of 100% of its shares in Uniper Hungary Energetikai Kft. to Veolia Invest Hungary Zrt, a subsidiary of Veolia SA. The plant has a capacity of around 430 MW and is located in Gönyű, Hungary. It was commissioned in 2011.
The sale of this non-strategic investment is part of the conditions that Uniper must fulfil under EU state aid law. On 20 December 2022, the EU Commission approved the stabilisation package for Uniper under that legislation. As part of the approval, the EU Commission defined a series of structural remedies that Uniper must fulfil.
Uniper owns and operates gas storage facilities with a total capacity of more than 7 billion cubic metres in pursuit of its policy and intent to be completely carbon-neutral by 2040, and aims for its installed power generating capacity to be more than 80% zero-carbon by the early 2030s. To achieve this, the company is transforming its power plants and facilities and investing in flexible, dispatchable power generating units. It is one of Europe’s largest operators of hydropower plants and is helping further expand solar and wind power. The company is progressively expanding its gas portfolio to include green gases like hydrogen and biomethane and aims to convert to these gases over the long term.
