Uniper embarks on €8bn strategic reset but cools on hydrogen

  • Gas
  • August 7, 2025

Germany utility Uniper intends to invest about €8bn in its transformation by the early 2030s as it continues to wrestle with major financial challenges.

It recorded adjusted EBITDA of €379m in the first half of 2025, significantly below its prior-year earnings of €1.7bn, and adjusted net income totalled €135m, down from €1.1bn. The company repaid €2.6bn state aid to the German government in March.

Its power business will participate in the German government’s planned auction for new gas-fired power plants in the country. In the UK, Uniper plans to build two new gas-fired power plants, at Connah’s Quay and Killingholme, that could be equipped with carbon capture and storage.

was, earlier this week, confirmed by the UK government as a priority project in the HyNet cluster and Uniper is now entering into negotiations to develop a gas-fired power plant with carbon capture.

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