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    UN01   DE000UNSE018

UNIPER SE

(UN01)
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Real-time Estimate Tradegate  -  05:54 2022-08-18 am EDT
6.668 EUR   -2.09%
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Uniper Explores Project to Supply SAFs to Germany With Airbus, Siemens Energy, Sasol

06/23/2022 | 08:44am EDT

By Giulia Petroni


Uniper SE said Thursday that it is exploring a large-scale project to supply sustainable aviation fuels in Germany through a consortium with Airbus SE, Siemens Energy AG and a unit of Sasol Ltd.

The German energy company said the aim is to produce SAF from green hydrogen and processed biogenic carbon dioxide in Hamburg, a key location for the civil aviation industry. As part of the project, the consortium aims to build a large-scale commercial plant in the region for the production of hydrogen from renewable sources.

The SAF would be CO2-neutral, power-to-liquid kerosene, which is already certified for use as aviation fuel. The required capacity would be of at least 10,000 tonnes of green kerosene annually in the first expansion stage starting from 2026, Uniper said.


Write to Giulia Petroni at giulia.petroni@wsj.com


(END) Dow Jones Newswires

06-23-22 1044ET

Stocks mentioned in the article
ChangeLast1st jan.
AIRBUS SE 0.68% 108.88 Real-time Quote.-3.76%
GREEN HYDROGEN SYSTEMS A/S -1.44% 15.08 Delayed Quote.-55.46%
SASOL LIMITED -6.10% 340 End-of-day quote.31.27%
SIEMENS AG 1.60% 110.42 Delayed Quote.-28.84%
SIEMENS ENERGY AG 1.17% 16.46 Delayed Quote.-27.59%
UNIPER SE -1.91% 6.68 Delayed Quote.-83.71%
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Financials
Sales 2022 155 B 157 B 157 B
Net income 2022 -4 265 M -4 337 M -4 337 M
Net cash 2022 881 M 896 M 896 M
P/E ratio 2022 -0,67x
Yield 2022 0,93%
Capitalization 2 492 M 2 535 M 2 535 M
EV / Sales 2022 0,01x
EV / Sales 2023 0,02x
Nbr of Employees 11 319
Free-Float 22,0%
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Mean consensus HOLD
Number of Analysts 9
Last Close Price 6,81 €
Average target price 21,38 €
Spread / Average Target 214%
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Managers and Directors
Klaus-Dieter Maubach Chief Executive Officer
Tiina Marjukka Tuomela Chief Financial Officer
Markus Heikki Erdem Rauramo Chairman-Supervisory Board
David Bryson Chief Operating Officer
Patrick Wolff Chief Compliance Officer & General Counsel
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