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  • Uniper sells 20% indirect participation in BBL pipeline
    édité le 16/01/2023 - Plus de news de "UNIPER" - Voir la fiche entreprise de "UNIPER"


Uniper sells 20% indirect participation in BBL pipeline
   - Uniper sells 20% indirect participation in BBL Company V.O.F. to Enagas
   - Divestment of this participation is part of the remedies Uniper must fulfill under EU state aid law

Uniper has reached an agreement with Spain´s energy company Enagas to sell its 20% participation in the Dutch BBL Company V.O.F. (BBL), owner of a 235-kilometre gas interconnection linking the UK and the Netherlands.

The undersea gas pipeline has a maximum capacity of 15 bcm/y of direct flow between Balgzand in the Netherlands and Bacton in the UK and 5 bcm/y in the reverse direction.

Divestment of this non-strategic participation is part of the remedies Uniper must fulfill under EU state aid law. On December 20th 2022 the EU Commission approved the stabilization package for Uniper under state aid law. As part of the approval, the EU Commission set out a number of structural remedies that Uniper must fulfil.

Both parties have agreed on a purchase price of approximately €75m. The agreement with Enagas is subject to regulatory approvals and the non-execution of a pre-emption right of the other interestholders in BBL.

About Uniper

Düsseldorf-based Uniper is an international energy company with activities in more than 40 countries. With around 7,000 employees, it makes an important contribution to security of supply in Europe. Uniper’s core businesses are power generation in Europe, global energy trading, and a broad gas portfolio. Uniper procures gas – including liquefied natural gas (LNG) – and other energy sources on global markets. The company owns and operates gas storage facilities with a capacity of more than 7 billion cubic meters. Uniper plans for its 22.5 GW of installed power-generating capacity in Europe to be carbon-neutral by 2035. The company already ranks among Europe’s largest operators of hydroelectric plants and intends to further expand solar and wind energy, which are essential for a more sustainable and autonomous future.

Uniper is a reliable partner for communities, municipal utilities, and industrial enterprises for planning and implementing innovative, lower-carbon solutions on their decarbonization journey. Uniper is a hydrogen pioneer, is active worldwide along the entire hydrogen value chain, and is conducting projects to make hydrogen a mainstay of the energy supply.

About Enagás

Enagás is a TSO (Transmission System Operator) with 50 years of experience in the development, operation and maintenance of energy infrastructures. It has more than 12,000 kilometres of gas pipelines, three strategic storage facilities, eight regasification plants and operates in seven countries: Spain, the United States, Mexico, Peru, Albania, Greece and Italy. In Spain, it is the main natural gas transporter and the Technical Manager of the Gas System.

In accordance with its commitment to the energy transition, Enagás has nnounced that it is bringing forward its goal of becoming carbon neutral to 2040. The company is committed to the development of renewable gases (such as biomethane or green hydrogen), sustainable mobility and energy efficiency, among other areas. The company is a world leader in its sector in the main sustainability indices, as the Dow Jones Sustainability Index World, is included in the CDP Climate Change A List 2021, and has obtained the highest ESG rating in its sector in the FTSE4Good sustainability index.


Origine : Communiqué UNIPER

Voir la fiche entreprise de "UNIPER"



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