Uniper Targets Data Center Sales in UK, Germany on AI Demand

Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions Saved Articles My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials This advertisement has not loaded yet, but your article continues below.HomePMN BusinessUniper Targets Data Center Sales in UK, Germany on AI DemandUniper SE has identified about 10 sites across Europe that could be sold or leased for data-center development, as the German utility looks to capitalize on surging demand for AI infrastructure.Author of the article: You can save this article by registering for free here. Or sign-in if you have an account.(Bloomberg) — Uniper SE has identified about 10 sites across Europe that could be sold or leased for data-center development, as the German utility looks to capitalize on surging demand for AI infrastructure.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountThe portfolio includes four sites in the UK, three in Germany, two in Sweden and one in the Netherlands, according to a presentation published Tuesday. Three of the projects are already at an advanced stage with investment decisions possible this year, the company said.Uniper is seeking to boost its appeal to investors as Germany prepares to sell down its stake following the multibillion-euro bailout during the energy crisis in 2022. Like other European utilities, the company is looking to cash in on the data-center boom by selling or leasing former fossil-fuel power plants that offer large industrial sites and existing grid connections while helping meet the sector’s growing electricity demand.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againGermany’s RWE AG last year sold a former coal plant in the UK to Amazon.com Inc. The utility has also identified more than 10 sites across Europe that could be developed and sold.Separately, Uniper said gas-storage facilities were refilled at a faster pace during the second quarter ahead of winter, an improvement from the low levels seen in the first three months of the year.Still, Germany, home to Europe’s largest gas-storage capacity, continues to lag behind the rest of the region. Its storage sites were just over 48% full, compared with a European average of 59%.—With assistance from Priscila Azevedo Rocha.This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.