Barclays sinks over US$ 3 billion through direct lending and underwriting bonds to the Finnish state-owned utility company Fortum and is thus its largest sponsor. Fortum, and thus the Finnish state, owns over 70% of Uniper, a fossil fuel-focused utility, which Barclays also provides funding for. Uniper is currently constructing Datteln IV, Western Europe’s only new coal plant. It is also planning to sue the Dutch government for phasing out coal.