Societas Europaea | |
Traded as | : UN01 |
Industry | Electric utility |
Founded | 1 January 2016 |
Headquarters | Düsseldorf, Germany |
Area served
|
Europe United States |
Key people
|
Klaus Schäfer, Chief Executive Christopher Delbrück Chief Financial Officer Eckhardt Rümmler, Chief Operating Officer |
Products | electrical power natural gas |
Services |
Electricity generation and distribution production, distribution and trading |
Number of employees
|
13,000 |
Subsidiaries | Unipro |
Website | www |
Uniper SE is a German energy company based in Düsseldorf, North Rhine-Westphalia, that began operating on 1 January 2016. It was formed by the separation of E.ON's fossil fuel assets into a separate company. The name of the company is a portmanteau of "unique" and "performance".
The split of the majority of E.ON's 'upstream' electricity generation business from its 'downstream' retail and distribution business was first announced in April 2015. E.ON had also planned to include its nuclear business in Uniper, but reversed the decision in September 2015 due to German government rules aimed at stopping companies avoiding nuclear clean up costs.
The company became active on 1 January 2016, with 14,000 employees and is expecting an operating profit (EBITDA) of €4 billion.
EON sold a 53% stake in the business through a listing on the in September 2016, retaining a minority 47% holding.