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Green Marine

about 16 years ago

Wind farm stake offloaded

Dong Energy has offloaded minor stake in an offshore wind farm in exchange for a stake in an electricity utility. Dong has completed a swap deal with Germany’s Stadtwerke Lübeck through which Stadtwerke Lubeck exchanges its 25.1% in electricity utility Dong Energy Sales, for an indirect 7.25% stake

1 minutes read

Dong Energy has offloaded minor stake in an offshore wind farm in exchange for a stake in an electricity utility. Dong has completed a swap deal with Germany’s Stadtwerke Lübeck through which Stadtwerke Lubeck exchanges its 25.1% in electricity utility Dong Energy Sales, for an indirect 7.25% stake in the 165.6 Megawatt Nysted Offshore Wind Farm.

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