Uniper Sells Opal Pipeline Stake to Hy24
German utility Uniper has agreed to sell its 20 percent stake in the Opal gas pipeline to hydrogen fund Hy24. The deal advances asset disposals required under its state bailout terms.
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UNIPER SE agreed to sell its 20% stake in the Opal gas pipeline to hydrogen fund Hy24 on Monday morning. The transaction advances asset sales required by Brussels following a state bailout in Germany. The disposal brings the utility closer to completing divestment terms tied to its 2022 rescue package.
