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DONG Energy completes divestment of offshore wind farm Borkum Riffgrund 1


Published May 28, 2012
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DONG Energy-2

23 February 2012 KIRKBI A/S and Oticon Foundation – the latter via its investment company, William Demant Invest A/S - signed an agreement to buy a 50 % stake in the 277,2 MW Borkum Riffgrund 1 offshore wind farm from DONG Energy.

Completion of the transaction was conditional on approval by the competition authorities. As the approval has now been granted, the parties have completed the transaction.

The information provided in this announcement does not change DONG Energy's previous financial guidance for the 2012 financial year or the announced expected investment level.

Tags: DONG Energy



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