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Business & FinanceEnergy
11 January 2022, 12:25 pm. 1 minute
Reuters exclusively reported that German utility STEAG has secured at least 100 million euros ($113 million) in extra funding to shield it from skyrocketing prices, as volatile energy markets force some companies to shore up their finances. STEAG, Germany’s fifth-largest utility, said it needed funding in the “low triple digit million euro range” due to price volatility, which it has secured from partners.
Article Tags
Topics of Interest: Business & FinanceEnergy
Type: Reuters Best
Sectors: Business & FinanceCommodities & Energy
Regions: Europe
Countries: Germany
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
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