Posts Tagged ‘Dong’

UPDATE 2-Offshore wind firm DONG Energy beats forecasts, eyes greater shareholder returns

Denmark's DONG Energy beat second-quarter profit forecasts on Thursday and said the start-up of more projects and a fall in construction costs would generate more cash, possibly making way for higher shareholder returns in coming years. DONG, the world's largest owner of offshore wind power, has a strategy of farming down, or selling off, large […]

UPDATE 1-Denmark’s DONG Energy to get out of oil and gas business

COPENHAGEN, Nov 8 Danish energy group DONG Energy plans to quit the oil and gas business to focus solely on offshore wind power, adding to billions of dollars of North Sea oil and gas assets already up for sale. DONG said last month it would sharpen its focus on wind power and could shed its […]

Dong Energy considers sale of oil and gas assets to focus on windfarms

Sale could help Danish company enhance position as leading exponent of wind power in UK The biggest windfarm operator in the UK is considering selling its oil and gas business, four decades after it was set up to manage Denmark’s North Sea oilfields. Dong Energy, which is majority owned by the Danish government, said it […]

Dong Energy plans world’s largest windfarm repair hub at Grimsby

Danish company says creation of 200-plus long-term jobs at service centre is ‘massive vote of confidence’ in the offshore sector Dong Energy is planning to create the world’s largest offshore wind maintenance hub in Grimsby, creating at least 200 jobs. The Danish company said the hub would be up and running from March 2018, initially […]

DONG Energy Praises Massachusetts for Strong Commitment to Offshore Wind

“The adoption of this legislation is a landmark moment for Massachusetts' clean energy future and a victory for the Commonwealth's residents and businesses,” said Thomas BrostrA m, General Manager of North America, DONG Energy Wind Power. “This bill will allow the creation of a viable offshore wind energy industry here in Massachusetts, delivering cost effective […]

Windfarm owner Dong Energy floats for £10bn

Copenhagen-based company happy with IPO while in process of moving from fossil fuels to renewables Dong Energy, a Danish company that owns offshore windfarms around the UK, was valued at Kr 98.2bn (£10bn) as it successfully pulled off Europe’s largest stock market flotation this year. The Copenhagen-based group, which employs 700 people in Britain and […]

Dong Energy IPO to value windfarm operator at £11bn

Danish firm that is major investor in UK offshore windfarms expects to sell up to 17% of shares in year’s biggest float so far Danish-based Dong Energy, a major investor in British offshore windfarms, is heading for the world’s biggest stock market flotation so far this year with a price tag for the entire business […]

Windfarm operator Dong Energy announces stockmarket plans

Danish company is single largest investor in UK offshore wind power and IPO would be one of Europe’s biggest listings this year Dong Energy, the Danish company that has invested £6bn in UK offshore wind power, is planning to float in what would be one of Europe’s biggest listings this year. Dong is already the […]

Danish gov’t takes fresh hits from DONG sale to Goldman

Danish Prime Minister Helle Thorning-Schmidt, deserted by a key ally over plans to sell part of a state energy utility to Goldman Sachs, suffered further blows when its chairman resigned and a poll on Friday showed her weakened by the plan. View full post on Wind Power News

Dong Energy upbeat about offshore wind power thanks to higher subsidy

Windfarm firm says it is ‘game on’ for investment in North Sea, adding industry could compete without public money by 2020 Dong Energy, the company that claims to be the biggest developer of windfarms in the world, believes it is “game on” in the North Sea with nothing to hold back new investment. The upbeat […]