Published: 2014-12-31 10:41:14 CET
Ørsted A/S
Company Announcement

Divestment of Stenlille Gas Storage has been completed

Transaction has been completed 31 December.

On 20 October 2014 DONG Energy entered into an agreement with the state owned entity Energinet.dk, whereby Energinet.dk would acquire a 100% ownership stake in DONG Storage A/S (Stenlille Gas Storage Facility).

Following approval from the Danish competition authorities, the transaction has been completed today.

The information provided in this announcement does not change DONG Energy’s previous financial guidance for the 2014 financial year or the announced expected investment level for 2014-2015.

Further information:

Media Relations
Morten Kidal
+45 9955 9583

Investor Relations
Allan Bødskov Andersen
+45 9955 9769

 

DONG Energy is one of the leading energy groups in Northern Europe. Our business is based on procuring, producing, distributing and trading in energy and related products in Northern Europe. DONG Energy has around 6,500 employees and is headquartered in Denmark. The Group generated DKK 73 billion (EUR 9.8 billion) in revenue in 2013. For further information, see www.dongenergy.com.


UK_Announcement_Stenlille.Closing.pdf