Germany Said to Hold Early Talks on How to Exit Energy Firm SEFE

Germany’s economy ministry is studying options for how to exit nationalized energy company Securing Energy for Europe GmbH, people with knowledge of the matter said.

Some officials have been holding early-stage deliberations as they evaluate a range of possible ways to exit SEFE, which could include a sale or breakup of the business, or a potential merger with fellow nationalized energy company Uniper SE, according to the people. The economy ministry department overseeing SEFE is tasked with drawing up a plan by mid-2025.

SEFE, a former Gazprom unit, has itself been speaking with Boston Consulting Group as it ...