Uniper's first-half profit more than doubles on gas, capacity market

📆 11/08/2020 10:00:00
📰 Reuters

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German utility Uniper on Tuesday said its adjusted operating profit more than doubled to 691 million euros ($811.93 million) in the first half, mainly driven by its gas business and capacity market payments in Britain.

FILE PHOTO: The logo of German energy utility company Uniper SE is pictured in the company's headquarters in Duesseldorf, Germany, March 10, 2020. REUTERS/Thilo Schmuelgen

FRANKFURT - German utility Uniper on Tuesday said its adjusted operating profit more than doubled to 691 million euros in the first half, mainly driven by its gas business and capacity market payments in Britain. The group also said that its Russian plant Berezovskaya 3, which is being repaired following a fire in early 2016, was now expected to restart in the first half of 2021. It previously said the plant would re-enter service at the end of 2020.

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