Russ Mould Britain Russia Germany Ukraine UPS Dash Continental Uniper Russ Mould Britain Russia Germany Ukraine

UK coal power station owner seeks aid from German government

Reading now: 971

The owner of the Ratcliffe-on-Soar power station is in talks with the German government to secure emergency state support after Russia slashed its gas supplies.Uniper has issued a profit warning and is discussing “stabilisation measures” with German officials after Russia’s Gazprom delivered just 40% of the gas it had ordered.The German group said it expected its earnings to be “significantly below” previous years as a result.

Its shares plunged nearly 20% in response.Russia has been limiting gas supplies to western Europe since the start of the war in Ukraine.

The website is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News