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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: GlobalData
Provider: GlobalData

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Dong Energy A/S To Divest Onshore Wind Business In Denmark To Se And PFA

Tuesday, 25 Jun 2013 04:05am EDT 

Dong Energy A/S announced that it has signed an agreement with the Danish energy company SE and the Danish pension fund PFA under which SE and PFA will acquire DONG Energy's Danish onshore wind business. The aggregate sales price for the onshore wind business is DKK760 million (equivalent to approx. EUR102 million). The divestment concerns a total of 272 wind turbines with a total installed capacity of 196 megawatt. The turbines are located at approx. 80 different sites in Denmark with an average operational track record of 16 years. The divestment includes an early stage development project totalling up to 23 megawatt. The business includes a Danish organisation consisting of approximately 18 employees, who will be employed by the purchasing company going forward. 

Company Quote

-79.0 -5.91%
19 Dec 2014