German energy company Uniper has launched the sale process of its helium business, effectively fulfilling the conditions laid out by the EU after it bailed out the company in 2022.
The scope of the deal extends to a portfolio of international helium purchase, sale and storage agreements, and a fleet of 11,000-gallon helium ISO containers. No personnel will transfer as part of the transaction.
The sale of its helium business was one of a number of “structural remedies” that Uniper had to fulfil as part of a stabilisation package supplied by the EU Commission at the end of 2022.
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