Uniper headquarters in Dusseldorf
Uniper to spend €500mn on green businesses in 2022
Germany energy company anticipates key role in hydrogen economy and is ready to invest in new gas-fired power plants, CEO Klaus-Dieter Maubach says
German energy company Uniper is “slowly gathering speed” in the renewables sector and plans to spend €500mn ($566mn) this year on green growth businesses, according to CEO Klaus-Dieter Maubach. The money will go primarily towards renewables, green gases and green thermal generation. “That we are not a renewables frontrunner is no secret,” Maubach said in comments prepared for the company’s 2021 results presentation. Uniper—in which Finnish energy company Fortum holds a majority stake—is well placed to help drive the hydrogen economy in Germany and in Europe, says Maubach. “All our current gas activities—our experience in trading, structuring, marketing, transport and storage—all of it is app
Also in this section
10 December 2025
Project developer Meld Energy ready to accelerate 100MW project in Humber region after securing investment from energy transition arm of private equity firm Schroders Capital
9 December 2025
BP and Engie abandon large-scale green hydrogen projects in Gulf state as developers in all regions continue to struggle with lack of firm offtake
5 December 2025
European Commission highlights rapid growth of Chinese production this year, as it retains strict procurement rules in latest European Hydrogen Bank subsidy auction
2 December 2025
Oil major cites deteriorating demand and a planning debacle as it abandons one of UK’s largest blue hydrogen projects
