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Dong Energy: Spanish offer from energy rivals

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Dong Energy has received three offers on their Spanish activities amounting to €500 – €600 million, according to an Italian newspaper.

Dong Energy, which within the next half year expects to make the largest stock exchange listing in Danish history, is now getting rid of several of their activities on the the Iberian peninsula. The activities involve most importantly wind projects, which have a total capacity on 1250 MW.

The projects were a part of Energy E2, which is now merged. According to Bloomberg, an Italian newspaper wrote that the competing energy companies Enel, E.ON, and Electricite de France have offered about €500-€600 million for Dong's activities. Dong Energy does not wish to comment on the offers.

However, Chief Information Officer, Louise Münter, said, „Dong Energy has initiated a process, which may lead to a sell off of the Spanish subsidiary Energy E2 Renovables Ibericas. The process is expected to last for months, and we do not know if we will go through with it. Further information will follow when it will be relevant.” (borsen.dk)

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