Brookfield and CPPIB consortium advances in Uniper sale process
Reuters reports the Brookfield and CPPIB consortium has reached the next stage of bidding for German utility Uniper as Berlin reduces its stake.
- published on Newsmetry
- original source published
the same feed is available to bots and dashboards through the api. connect the api →
what happened
A consortium of Brookfield and CPPIB has moved on to the next stage of bidding for German state-owned utility Uniper, Reuters reported, citing sources who follow the process. A spokesperson for the group declined to comment.
Earlier, indicative offers came in from Equinor of Norway, EPH led by Daniel Kretinsky, and a joint bid by KKR and RWE in September. All are still waiting for feedback from the German government. Berlin wants to cut its holding to a blocking minority, either by selling to a strategic or financial buyer or through a re-IPO that could value the company at up to €14 billion ($15.4 billion).
According to one source, EPH was not invited to the next round, which will produce binding bids. EPH could not be reached for comment.
why it matters
A sale of a major energy asset valued at up to $15.4 billion is notable for the whole sector. The final price and timing depend on the German government's decision and on the binding bids that follow.
market impact
German utilities: an ownership change at Uniper could reshape the sector's structure and asset deal terms
tags
instruments
sources
- Brookfield, CPPIB consortium enters next round in Uniper sales process, sources say — Reuters, 13 November 2026 at 19:02 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
alerts on your topics, the morning digest and the api — in your account.
get stories in real time ↗