Report
Anis Zgaya ...
  • Louis Boujard, CFA
  • Philippe Ourpatian

ODDO : La solution de dernier recours est évoquée

>Une équation devenue insolvable ? - Le gouvernement allemand, Fortum et Uniper ont convenu le 22 juillet 2022 (Cf. DUNE du 25/07/2022) d'un ensemble de mesures de stabilisation pour apporter une aide financière à Uniper. Ce plan de stabilisation prévoyait une prise de participation de 30% de l’Etat dans Uniper mais, selon le quotidien allemand Handelsblatt, l'accord conclu tenait compte de la fourniture de 40% du volume convenu de gaz russe via le gazoduc Nord Stream...
Underlyings
Fortum Oyj

Fortum is an energy company. Co.'s operations are organised in five divisions: Hydro Power and Technology and Nuclear and Thermal Power, which are engaged in its hydro, nuclear and thermal power generation, services, portfolio management and trading as well as technology and research and development functions; Heat, Electricity Sales and Solutions, which consists of Co.'s combined heat and power production, district heating and business-to-business heating solutions, solar business, electricity sales and related customer offering; Russia, which consists of power and heat generation as well as heat distribution in Russia; and Distribution, which focuses on distribution activities in Sweden.

Uniper SE

Uniper SE is a Germany-based energy generation and energy trading company. The Company operates through three segments: European Generation, Global Commodities and International Power Generation. The European Generation segment generates power and owns coal, gas, oil and combined gas and steam power plants, hydroelectric power plants, nuclear power stations in Sweden, a biomass plant in France, as well as solar and wind power facilities; the Global Commodities segment bundles the Company's energy trading activities, as well as its gas storage and supply business, and the International Power Generation segment comprises equity investments in energy generation companies in the Russian Federation and Brazil.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Anis Zgaya

Louis Boujard, CFA

Philippe Ourpatian

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