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MarketScreener Homepage  >  Equities  >  Xetra  >  Uniper SE    UN01   DE000UNSE018

UNIPER SE

(UN01)
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Uniper Partners Up With BP-Owned Refinery for District Heating

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07/15/2020 | 06:19am EDT

By Giulia Petroni

Uniper SE said Wednesday that its Uniper Waerme GmbH unit would cooperate with BP PLC's fully-owned refinery Ruhr Oel GmbH - BP Gelsenkirchen to use industrial waste heat for the supply of district heating.

The German utility company said a total of around 33 million euros ($37.6 million) would be invested for the project.

"According to initial calculations, this will enable us to save around 60,000 tons of CO2 emissions per year," said Nikola Feldmann, managing director at Uniper Waerme.

The first heat could be fed into UWG's district heating grid starting in the fourth quarter of 2022, Uniper said.

 

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

 


Stocks mentioned in the article
ChangeLast1st jan.
BP PLC -2.13% 195.74 Delayed Quote.-57.59%
NIKOLA CORPORATION 2.73% 21.47 Delayed Quote.102.62%
UNIPER SE -0.75% 26.48 Delayed Quote.-9.59%
WTI 2.22% 39.375 Delayed Quote.-36.11%
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Financials
Sales 2020 67 466 M 79 695 M 79 695 M
Net income 2020 685 M 810 M 810 M
Net Debt 2020 1 504 M 1 776 M 1 776 M
P/E ratio 2020 14,2x
Yield 2020 5,13%
Capitalization 9 896 M 11 694 M 11 689 M
EV / Sales 2020 0,17x
EV / Sales 2021 0,18x
Nbr of Employees 11 746
Free-Float 21,1%
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Mean consensus UNDERPERFORM
Number of Analysts 18
Average target price 24,73 €
Last Close Price 26,68 €
Spread / Highest target 18,1%
Spread / Average Target -7,31%
Spread / Lowest Target -30,7%
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NameTitle
Andreas Schierenbeck Chief Executive Officer
Klaus-Dieter Maubach Chairman-Supervisory Board
David Bryson Chie Operating Officer
Sascha Bibert Chief Financial Officer
Oliver Biniek Member-Supervisory Board
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