Uniper agrees to sell its 20% stake in the Opal pipeline
Uniper ($UN0) agreed to sell its 20% interest in the Opal gas pipeline to Hy24, a joint venture between Ardian and FiveT Hydrogen. No financial terms were disclosed. The disposal advances the asset-sale commitments required by the European Commission in connection with approval of Uniper’s 2022 state bailout. Completion depends on regulatory clearance and pipeline co-owner Gascade not exercising its pre-emption right. Reuters reported that the sale would leave the helium business and the majorit
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