Germany plans to privatize energy giant.

The German government is actively seeking buyers for its stake in the energy company Uniper, which is valued at $18.8 billion. The government currently controls 99.12% of the company's shares, following its nationalization in 2022 due to the energy crisis in Europe.

Various scenarios for reprivatization are currently being reviewed, such as a partial sale of shares or a re-listing on the stock exchange. The most likely option is a sale of 25% of the company's shares, although a complete withdrawal of the state from the shareholder structure is not ruled out.

Among the potential buyers is the investment company Brookfield from New York. If this company is acquired by a private investor, it will become one of the largest deals in European history.

The German Ministry of Finance has confirmed that it is considering all options to reduce its stake in Uniper. The main focus is on selling shares through the stock market.

In accordance with European Union rules, the German government is obliged to reduce its stake in Uniper to no more than 25% plus one share by 2028.

For the deal to go through, parliament must pass a law that will allow Uniper to resume dividend payments that were lost due to state aid of €13.5 billion.