Uniper says Unipro sale stuck over Russia’s consent

MOSCOW, Feb 17 (PRIME) -- The fate of the sale of power producer Unipro is uncertain, because the Russian authorities have not cleared the deal, parent company Uniper said in a statement on Friday.

"Uniper also announced on November 30, 2022 that it has decided to further distance itself as far as possible, legally and in terms of personnel, from its Russian business unit Unipro,” the statement said. “However, a planned transaction with a local buyer is currently uncertain as the presidential approval necessary for the transaction is outstanding and remains questionable."

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