|Deal value:||EUR 94 million|
|Industry:||Energy and utilities|
At the same time, DONG Energy bought E.ON’s 20% ownership interest and resold it to PensionDanmark. Consequently, DONG Energy and PensionDanmark each own 50% of the Nysted offshore wind farm
DONG Energy is one of the leading energy groups in Northern Europe. The company is headquartered in Denmark. The business is based on procuring, producing, distributing and trading in energy and related products in Northern Europe. The company has approximately 6,000 employees and generates DKK 55 billion (EUR 7.3 billion) in revenue in 2010.
With a name plate capacity of 166 MW, Nysted Wind Farm is one of the world’s largest wind farms. The wind farm itself is made up of eight rows of nine turbines, of which the nearest are placed some ten kilometres offshore. The 72 wind turbines annually generate enough power to supply 145,000 family homes with non-polluting energy.
First ever direct investment by a Danish pension fund into offshore wind.