• <a fr-original-style="" href="https://www.ft.com/content/cd387e9d-8230-46ec-9e84-042db1057f33" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">European energy companies</a> are turning to governments to shore up their liquidity and secure supplies as the ongoing energy crisis led to ballooning collateral requirements, testing their ability to stay afloat. Switzerland’s largest renewable electricity producer Axpo and Finnish utility Fortum both said on Tuesday they had secured big new state-backed credit lines.<ul fr-original-style="padding-inline-start: 20px;" style="padding-inline-start: 20px; margin-top: 0px; margin-bottom: 1em; list-style-position: inside; box-sizing: border-box;"><li fr-original-style="" style="box-sizing: border-box;">Meanwhile: German gas giant Uniper’s losses to replace missing Russian gas flows might reach a €7 billion limit this month, which would force the government to step in again to help the utility, <a fr-original-style="" href="https://www.cnbc.com/2022/09/06/uniper-says-worst-is-still-to-come-as-russia-halts-gas-flows-to-europe.html" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">according to chief executive Klaus-Dieter Maubach</a>. “I have said this a number of times now over this year and I’m also educating policymakers. Look, the worst is still to come,” he added.</li></ul>

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