Uniper agreed to sell its shares in the German Opper gas pipeline to HY24, an investor supported by private equity agency Ardian SAS, in order to fulfill another condition set by the European Union for its government bailout plan. The utility company announced on Monday that Uniper will divest all of its shares in Lubmin-Brandov Assets GmbH & Co. holding; the holding company holds 20% of Opper Pipeline's shares, and the remaining 80% of the shares are held by state-owned company Gascade Gastransport GmbH.

Uniper agreed to sell its shares in the German Opper gas pipeline to HY24, an investor supported by private equity agency Ardian SAS, in order to fulfill another condition set by the European Union for its government bailout plan. The utility company announced on Monday that Uniper will divest all of its shares in Lubmin-Brandov Assets GmbH & Co. holding; the holding company holds 20% of Opper Pipeline's shares, and the remaining 80% of the shares are held by state-owned company Gascade Gastransport GmbH.