Uniper will launch the sale of its 20% stake in the regulated OPAL gas pipeline, in accordance with the European Commission’s state aid approval decision of 20th December 2022.
The transaction perimeter covers 100% of the shares in Lubmin-Brandov Assets GmbH & Co. KG (LBA KG) which holds the 20% fractional ownership in OPAL. The remaining 80% fractional ownership is held by GASCADE Gastransport GmbH.
OPAL is one of Europe’s largest transmission corridors, stretching approximately 4701 km from Lubmin in Germany to Brandov in the Czech Republic. As part of Germany’s Hydrogen Core Network framework, OPAL’s northern segment conversion has been completed in mid-December 2025, with the southern segment to follow by the end of 2030.
Interested parties are invited to submit their Expression of Interest in German or English by e-mail to the contact stated below between 15 January 2026 and 29 January 2026 at 23:59 (CET). The Expression of Interest should contain the name, address, and contact details of the interested party and the responsible persons in relation to the process, as well as name and address of mandated financial advisers (if any). Any Expression of Interest received after the deadline or incomplete at such time may be disregarded.
Following receipt of the Expression of Interest, Uniper will provide the interested parties with a teaser and a process letter, describing the next steps and requirements for the pre-qualification phase of the process. The bidding process will be run in an open, fair and transparent way.