Uniper and Finland's Fortum have completed the first phase of their cooperation planning. The partners intend to develop hydropower and take advantage of wind, solar, and hydrogen energy opportunities, as well as to optimize physical energy trading channels. Fortum will manage both companies' hydro assets in Northern Europe. Uniper will take over the development of the wind, solar as well as hydrogen business. The new operating model is scheduled to be implemented in early 2022.