Monday, 6 January 2014 - 12:05
Dong Energy to sell Dutch business
Danish energy company Dong Energy has decided to sell its business in the Netherlands, the Financieele Dagblad reports on Monday.
wind turbines
Leaflet
Wikipedia.org The company’s decision to sell Dutch subsidiary is due to overcapacity and the growing import of subsidized German wind power, the FD said. Dong Energy has about 150,000 business and residential customers in the Netherlands. The company has appointed investment bank Kempen to oversee the sale. Currently, the company is in talks with a small number of potential buyers, the newspaper said citing undisclosed sources. In 2005, Dong Energy entered the Dutch market by acquiring approximately 40,000 customers from Intergas.
Leaflet
Wikipedia.org The company’s decision to sell Dutch subsidiary is due to overcapacity and the growing import of subsidized German wind power, the FD said. Dong Energy has about 150,000 business and residential customers in the Netherlands. The company has appointed investment bank Kempen to oversee the sale. Currently, the company is in talks with a small number of potential buyers, the newspaper said citing undisclosed sources. In 2005, Dong Energy entered the Dutch market by acquiring approximately 40,000 customers from Intergas.
