FRANKFURT (Reuters) – Germany’s Uniper, which secured a 15 billion euro bailout last month, unveiled a net loss of more than 12 billion euros ($12.2 billion) for the first half, partly blaming lower Russian gas supplies that forced it to buy at much higher prices elsewhere.
Uniper, in which Finland’s Fortum owns 78%, said the loss included 2.7 billion euros in impairments related to the cancelled Nord Stream 2 pipeline and goodwill of its Russian business Unipro.
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(Reporting by Christoph Steitz; Editing by Miranda Murray)