• German utility Uniper was handed a state bailout that has cost the German government more than €50 billion; with investors voting in favor of an €8 billion capital injection by the German state and allowing a further injection of up to €25 billion by Berlin—effectively nationalizing the utility as Finland's Fortum Oyj fully divested all its shares in the company.<img src="https://images.aposto.com/2022/11/1/1672087960885.png" style="display: block; vertical-align: top; margin: 5px auto; text-align: center; width: 100%; max-width: 550px; border-style: none; position: relative; cursor: pointer; padding: 0px 1px; box-sizing: border-box;" width="550" alt="Uniper events timeline" ratio="1.63" fr-original-style="display: block; vertical-align: top; margin: 5px auto; text-align: center; width: 100%; max-width: 550px;" fr-original-class="fr-draggable"><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;">A step back: Russia's Gazprom was once Uniper's biggest supplier of gas, but a big drop in deliveries after Moscow's invasion of Ukraine forced the German gas importer to buy gas elsewhere at much higher prices to honor its contracts.</li></ul>

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