Electrical flexibility: Veolia Acquires a State-of-the-art Power Plant in Hungary From Uniper
Acquiring Company
Veolia
Acquired Company
Uniper
DüsseldorfEnergyWaterWaste ManagementEnvironmental ConsultingUtilitiesDescription
Veolia, via its Hungarian subsidiary, has signed an agreement with Uniper for the acquisition of a power plant with an installed capacity of around 430 megawatts. The gas-fired combined-cycle power plant is the most modern and efficient in Hungary and plays a crucial role in regulating and balancing the Hungarian power grid. With this operation, Veolia continues to strengthen its position as a European leader in this promising and strategic market, and to expand its portfolio, which now represents a volume of 2.4 gigawatts of managed flexible electrical energy, equivalent to the energy needs of 2.6 million inhabitants.
Quick answer
Veolia is acquiring Uniper, announced February 19, 2024.
- How much did Veolia pay for Uniper?
- The deal value was not disclosed.
- What does Veolia do?
- Veolia Group aims to become the benchmark company for ecological transformation.
- Where are Veolia and Uniper based?
- Uniper is based in Düsseldorf, North Rhine-Westphalia, Germany.
- Who are the decision-makers at Veolia?
- Fundz holds 4 contacts at Veolia. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Uniper?
Uniper was acquired by Veolia. The deal was reported on February 19, 2024. Veolia Group aims to become the benchmark company for ecological transformation. Veolia is privately held and operates in Energy.
When did Veolia acquire Uniper?
Veolia's acquisition of Uniper was reported on February 19, 2024. Veolia, via its Hungarian subsidiary, has signed an agreement with Uniper for the acquisition of a power plant with an installed capacity of around 430 megawatts. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Uniper do?
From gas fields and power stations to international energy markets, Uniper helps keep energy reliable. It is privately held, operating in Utilities, and is based in Düsseldorf.
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