The Management Board of Uniper SE has reaffirmed its long-term transformation strategy, committing to invest approximately €5 billion between 2025 and 2030 in European energy security and system decarbonisation. Around half of the total capital will be allocated to projects in Germany, focusing on flexible generation, renewable energy, and gas portfolio expansion.
Uniper aims to operate 15 to 20 gigawatts of power generation capacity by 2030, with at least half derived from renewable or low-carbon assets. To achieve this, the company is prioritizing three core business areas:
- Flexible generation: Over half of the €5 billion budget will fund dispatchable and hydrogen-ready power assets. In Germany, Uniper plans to enter two hydrogen-ready plant projects totaling 1.7 gigawatts at the Gelsenkirchen-Scholven and Staudinger sites into the upcoming German tenders scheduled for September and December 2026. Further developments are underway in the UK, Sweden, and the Netherlands.
- Green generation: Roughly one-third of the capital is earmarked for renewables and hydropower. Uniper targets final investment decisions on up to 500 megawatts of wind and solar projects annually, alongside major projects like the 160-megawatt Happurg pumped-storage plant and a 54-megawatt expansion on Sweden’s Ume River.
- Greener commodities: The company aims to expand its gas supply portfolio to 250–300 terawatt-hours through long-term supply contracts with partners including Woodside, Tourmaline, and ConocoPhillips, while integrating low-carbon gases and hydrogen infrastructure.
Uniper is also targeting growth by leveraging its real estate and infrastructure for data center developments. The company has identified over ten suitable sites near European data hubs, with three advanced projects expected to reach investment decisions within the year.
Chief Executive Michael Lewis stated, “Uniper’s strategy is firmly focused on the future: We invest where supply security, competitiveness, and decarbonization converge.” He added that the rapid expansion of digital infrastructure creates new opportunities, noting, “The growing power demand of data centers requires reliable, high-performance, and long-term energy supply solutions.”
The expansion plan is underpinned by Uniper’s balance sheet, which retained approximately €12 billion in equity and a net cash position of €2.8 billion at the end of the previous fiscal year, supported by investment-grade credit ratings from S&P, Scope, and Fitch.
