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30.04.2013 10:30
DONG Energy merges two business units
DONG Energy has decided to streamline its corporate structure by combining the business units Energy Markets and Sales & Distribution. Today, Energy Markets is responsible for sourcing, trading and wholesale sales, while Sales & Distribution is ...
22.04.2013 13:01
Interim financial report - Q1 2013 - Satisfactory start to the year
The Board of Directors of DONG Energy has today approved the interim financial report for the first quarter of 2013 with the following financial highlights and outlook compared with the first quarter of 2012: -- First-quarter 2013 EBITDA was DKK ...
15.04.2013 14:41
DONG Energy to present first quarter results
DONG Energy will release its results for the first quarter of 2013 on 22 April. The results will be released around 13:00 (CET). Due to DONG Energy’s Annual General Meeting being held on 22 April, the conference call for investors and analysts will ...
11.04.2013 13:10
DONG Energy enters into agreements on 6 megawatt offshore wind turbines with Siemens AG for German projects
DONG Energy and Siemens AG have entered into agreements securing potential supplies and servicing of a total of 154 offshore wind turbines of 6 megawatt each, giving a total capacity of 924 megawatt. The agreements give DONG Energy the option to ...
08.04.2013 14:16
Green heat to the Greater Copenhagen area
The heat companies Centralkommunernes Transmissionsselskab I/S (CTR), VEKS and DONG Energy have concluded a new heat agreement for Unit 2 of the Avedøre power station for the period until 2027. The agreement will involve expansion of the power ...
04.04.2013 08:47
Additional information from Standard & Poor’s on revised hybrid criteria
Yesterday, S&P published additional information on its global hybrid criteria and also commented on the treatment of DONG Energy’s outstanding EUR 700,000,000 7.75% hybrid capital security due 3010 (ISIN XS0560190901). S&P commented that the ...
02.04.2013 13:59
Revised hybrid criteria announced by Standard & Poor’s
DONG Energy has noted that Standard & Poor’s today has published revised global rating criteria for hybrid capital instruments. DONG Energy will engage in a dialogue with Standard & Poor’s to understand the impact the revised criteria may have on DONG ...
07.03.2013 06:51
Aarhus to get green district heat
DONG Energy and AffaldVarme Aarhus (AVA) have agreed on a new biomass-based heat agreement for the period until 2030. It will mean that Unit 3 of the Studstrup power station in Aarhus will have to be converted for firing with wood pellets. ”We are ...
27.02.2013 08:01
Announcement of financial results for 2012
The Board of Directors of DONG Energy has today approved the 2012 annual report with the following financial highlights and outlook: -- EBITDA was DKK 8.6 billion, down DKK 5.1 billion on 2011. In the Energy Markets business unit, EBITDA ...
21.02.2013 23:24
DONG Energy comments on article in the Danish weekly newspaper Weekendavisen
Weekendavisen reports that DONG Energy is working on strengthening the company’s capital structure. DONG Energy can advise as follows in that connection: DONG Energy is in dialogue with its principal shareholder, the Danish Ministry of Finance, on ...
19.02.2013 13:22
DONG Energy to divest its Polish onshore wind business to PGE and Energa
DONG Energy today signed an agreement with two Polish utilities, PGE and Energa, under which PGE and Energa will acquire DONG Energy’s Polish onshore wind business. PGE and Energa will each acquire separate parts of the activities. The aggregate ...
18.02.2013 10:09
DONG Energy to present full-year 2012 results and Strategic Direction on 27 February
DONG Energy will release its results for the full-year 2012 and present the Strategic Direction on 27 February. A conference for investors, analysts and media will be held in Gentofte on the same day. Date and Time The full year results will be ...
18.02.2013 09:38
DONG Energy to present full-year 2012 results and Strategic Direction on 27 February
DONG Energy will release its results for the full-year 2012 and present the Strategic Direction on 27 February. A tele and press conference for investors, analysts and media will be held in Gentofte on the same day. Date and Time The full year ...
30.01.2013 16:10
DONG Energy to build Westermost Rough offshore wind farm
DONG Energy has decided to build the offshore wind farm Westermost Rough in the North Sea on the British east coast. The construction will represent a total investment of approximately EUR 1 billion including the construction of the transmission ...
28.01.2013 12:35
Financial Calendar 2013
DONG Energy has planned the following release dates for the financial reports and the Annual General Meeting: 27 February 2013: Annual Report 2012 22 April 2013: Annual General meeting 22 April 2013: Interim report for the first quarter of ...
23.01.2013 14:01
DONG Energy's comments on the report of the Danish National Audit Office (Rigsrevisionen)
Rigsrevisionen has today published its report on DONG Energy. The report has been prepared at the request of the Danish Public Accounts Committee. In its report, Rigsrevisionen attaches importance to the fact that, since the merger in 2006, DONG ...
21.12.2012 15:06
DONG Energy and partners to let Svane licence expire
DONG Energy and partners have, following detailed technical evaluations, decided at the present point in time not to pursue drilling of an appraisal well in the Svane field. The gas accumulation in Svane is found at a depth of 5.5-6 km at a ...
11.12.2012 13:35
DONG Energy advances its involvement in Vestas’ prototype testing of the V164-8MW turbine in Østerild
Today DONG Energy and Vestas Wind Systems have entered into a cooperation agreement on the testing of Vestas' V164-8.0 MW wind turbine at Test Centre Østerild in Denmark. Through this agreement, DONG Energy becomes involved earlier in Vestas´ ...
13.11.2012 19:44
Fitch confirms rating on DONG Energy but revises outlook to negative
Fitch Rating has today affirmed their 'BBB+' rating on DONG Energy A/S, but changed the outlook from stable to negative. The revised outlook is a consequence of challenging market conditions and DONG Energy's unsatisfactory financial results in 2012. ...
07.11.2012 12:05
DONG Energy prolongs the ratings from Fitch
On 29 May 2012, the rating agency Fitch decided to withdraw its unsolicited ratings on DONG Energy’s debt instruments. Shortly thereafter, DONG Energy decided to temporarily prolong the Fitch ratings until 30 November 2012. DONG Energy has now ...
06.11.2012 16:04
New head of Investor Relations in DONG Energy
Allan Bødskov Andersen, 40, is today appointed new Head of Investor Relations and Group Treasury following Morten H. Buchgreitz appointment today as new Executive Vice President of Energy Markets. Allan Bødskov Andersen comes from a position as ...
06.11.2012 07:28
DONG Energy appoints two new Executive Vice Presidents
DONG Energy has appointed two new Executive Vice Presidents in the business areas Wind Power and Energy Markets. Samuel Leupold, 42, has been appointed as new Executive Vice President of the business area Wind Power. He will be taking over from ...
01.11.2012 08:00
Interim financial report for the first nine months of 2012 – Lower full-year outlook
The Board of Directors of DONG Energy has today approved the interim financial report for the first nine months of 2012 with the following outlook and financial highlights compared with the first nine months of 2011: -- EBITDA for the first ...
29.10.2012 16:11
DONG Energy to present first 9 months results
DONG Energy will release its results for the first 9 months in 2012 on 1 November. The results will be released around 8am CET. A conference call for investors and analysts will be held at 11am CET on the same day. Dial in numbers for the ...
24.10.2012 14:38
DONG Energy’s S&P rating downgraded to BBB+
Standard & Poor’s (S&P) has today lowered DONG Energy’s rating to ‘BBB+’ from ‘A-‘. The outlook is negative. The rating action is a consequence of the challenging gas and power markets. “DONG Energy has a solid credit profile and even with this ...
26.09.2012 13:29
Disposal of the transmission assets at the offshore wind farm Walney 2
Walney (UK) Offshore Windfarms Limited announced today that it has completed the sale of transmission assets at the offshore wind farm Walney 2 to Blue Transmission Walney 2 Limited, which is the licensee entity incorporated by the consortium of ...
10.09.2012 15:35
DONG Energy successfully issues Eurobond
DONG Energy A/S has today successfully issued a EUR 750 million bond with a maturity of 10 years. The issuance was made under the company’s existing debt issuance programme (EMTN programme). Key details of the transaction: Size: EUR 750 ...
10.09.2012 08:53
DONG Energy to issue Eurobond
DONG Energy A/S announces its intention to issue a euro denominated bond of benchmark size with a maturity of 10 years under its existing debt issuance programme (EMTN programme). The proceeds of the transaction will be used for general corporate ...
17.08.2012 12:26
DONG Energy contemplates bond issuance
DONG Energy A/S has mandated Barclays, Danske Bank, JP Morgan and Nordea, to arrange a series of European fixed income investor meetings commencing on 20 August. A debt capital markets transaction of benchmark size may follow, subject to market ...
14.08.2012 13:18
DONG Energy acquires three German offshore wind development projects
DONG Energy has acquired 100% ownership interest in three offshore wind development projects in Germany, Gode Wind 1, 2, and 3, from PNE Wind AG. The three projects have a total capacity of up to 900 megawatt and are located in the German North Sea ...
13.08.2012 12:23
DONG Energy’s S&P rating placed on CreditWatch Negative
Standard & Poor’s (S&P) has today placed DONG Energy’s ‘A-‘ rating on CreditWatch with negative implications. The rating action is a consequence of the challenging gas and power markets. S&P aims to resolve the CreditWatch placement within the next ...
10.08.2012 13:59
Interim financial report for the first half-year 2012 – unfavourable price trend
The Board of Directors of DONG Energy has today approved the interim financial report for the first half of 2012 with the following outlook and financial highlights compared with the first half of 2011: -- First-half 2012 EBITDA was DKK 6.6 ...
03.08.2012 11:59
DONG Energy to present first half-year results
DONG Energy will release its results for the first half-year in 2012 on 10 August 2012. The results will be released around 2pm CET. A conference call for investors and analysts will be held at 3pm CET on the same day. Dial in numbers for the ...
19.07.2012 12:15
DONG Energy enters into framework agreement on 6 megawatt offshore wind turbines with Siemens Energy
DONG Energy and Siemens Energy have today signed a framework agreement on the supply and servicing of a total of 300 offshore wind turbines of 6 megawatt each, giving a total capacity of 1,800 megawatt. The turbines will be installed at selected DONG ...
31.05.2012 17:37
DONG Energy prolongs ratings from Fitch
The rating agency Fitch decided to withdraw its unsolicited ratings on DONG Energy’s debt instruments on 29 May 2012. DONG Energy has today decided to temporarily prolong the ratings from Fitch. The Fitch ratings on issued debt instruments will be ...
25.05.2012 16:06
DONG Energy completes divestment of 50 % of offshore wind farm Borkum Riffgrund 1 to KIRKBI A/S and Oticon Foundation
23 February 2012 KIRKBI A/S and Oticon Foundation – the latter via its investment company, William Demant Invest A/S - signed an agreement to buy a 50 % stake in the 277,2 MW Borkum Riffgrund 1 offshore wind farm from DONG Energy. Completion of ...
14.05.2012 15:31
Strategic considerations about ownership interest in Stadtwerke Lübeck GmbH
DONG Energy can confirm rumours that the company has strategic considerations about its future engagement in Stadtwerke Lübeck GmbH. A process that may result in the sale of DONG Energy’s share has been initiated. DONG Energy is a minority ...
11.05.2012 14:03
Interim financial report – Q1 2012 – sound performance
The Board of Directors of DONG Energy has today approved the interim financial report for the first quarter of 2012 with the following outlook and financial highlights compared with the first quarter of 2011: -- EBITDA was DKK 3.6 billion in the ...
10.05.2012 08:00
DONG Energy invests in Studstrup power station
In cooperation with AffaldVarme Aarhus, which is part of Aarhus Municipality’s Technical Services and Environment, DONG Energy has decided to extend the service life of Unit 3 of Studstrup power station in Aarhus, so that the plant can continue in ...
03.05.2012 12:23
DONG Energy to present first quarter results
DONG Energy will release its results for the first quarter in 2012 on 11 May. The results will be released around 2pm CET. A conference call for investors and analysts will be held at 3pm CET on the same day. Dial in numbers for the conference ...
01.05.2012 08:59
From Shell Gas Direct to DONG Energy Sales UK
In continuance of the company announcements on 18 October 2011, DONG Energy can now announce that the acquisition of Shell Gas Direct from Shell UK has been completed. DONG Energy acquired Shell Gas Direct for GBP 30 mill. equivalent ...
18.04.2012 13:18
Increased cost related to Siri platform repair – Still a solid business case
As announced in June 2011 DONG Energy is implementing a permanent repair solution necessary to restore the integrity of the Danish North Sea platform Siri. Following the progress of the project, the repair cost estimate has been increased from the ...
18.04.2012 13:01
Henrik Poulsen to be new CEO of DONG Energy
DONG Energy’s Board of Directors has decided to appoint Henrik Poulsen as the new Chief Executive Officer (CEO) of DONG Energy. Henrik Poulsen joins from TDC A/S, where he is currently CEO. He will take up his new role no later than 1 November 2012. ...
17.04.2012 08:03
DONG Energy to test new next-generation turbines in the UK
DONG Energy has received full consent to test two next generation offshore wind turbines at their Gunfleet Sands site in South East England. It is the first time that the Siemens 6 MW turbine will be tested offshore and DONG Energy’s first ...
16.04.2012 12:22
DONG Energy A/S’ survey of information published pursuant to Section 27b of the Danish Securities Trading Act
Pursuant to Section 27b of the Danish Securities Trading Act DONG Energy A/S hereby publishes a of information published or made available by the company to the public in the period 11 March 2011 – 3 April 2012 in accordance with the company’s ...
28.03.2012 11:58
Legal investigation: Anders Eldrup neglected his duties as CEO
At a meeting of the Board of Directors of DONG Energy A/S on 9 March 2012, the Board decided to ask the law firm Norrbom Vinding to conduct a legal investigation to assess whether, in connection with the establishment of salary and employment terms ...
23.03.2012 13:44
A2SEA invests in a new jack-up vessel
A2SEA (owned 51% by DONG Energy and 49% by Siemens Wind Power) has signed a contract with Chinese company, COSCO Shipyard Group Co., Ltd., for the construction of a new jack-up vessel specially designed for the purpose of installation of offshore wind ...
21.03.2012 18:35
Centrica and DONG Energy establish joint venture to co-develop Round 3 Irish Sea wind farm zone
Centrica and DONG Energy today announced they have formed a joint venture to co-develop offshore wind farms in the Round 3 Irish Sea Zone, which has a potential capacity of 4.2GW. The transaction will see DONG Energy pay Centrica up to £40 million in ...
14.03.2012 10:23
DONG Energy investigating terms of employment
In the last few days, the Board of Directors of DONG Energy has uncovered circumstances that have led to a unanimous Board having lost confidence in Anders Eldrup. These circumstances involve some unusual employment and termination terms for a few key ...
12.03.2012 12:47
Anders Eldrup to step down as CEO of DONG Energy
Anders Eldrup will resign from his role as CEO of DONG Energy. He will do so by mutual consent. Fritz Schur, Chairman of the Board of Directors, states: ”Anders Eldrup has made a huge contribution to DONG Energy for eleven years and is handing ...
09.03.2012 13:00
Announcement of financial results for 2011 – a solid performance
The Board of Directors of DONG Energy has today approved the company’s annual report for 2011 with the following financial highlights and outlook: -- Revenue was up DKK 2.2 billion at DKK 56.8 billion. -- EBITDA was DKK 13.8 billion, in line ...
02.03.2012 11:19
DONG Energy to present full year 2011 results
DONG Energy will release its results for 2011 on 9 March, 2012. The results will be released in the afternoon. A conference call for investors and analysts will be held on 12 March at 10:00 CET. Dial in numbers for the conference ...
27.02.2012 13:00
DONG Energy and Bayerngas to develop Hejre field
DONG Energy and Bayerngas have decided to develop the Hejre field in the Danish North Sea. DONG Energy is the operator and has a 60 per cent stake in the field. Bayerngas owns 40 per cent. The total investment in the development of the Hejre field is ...
23.02.2012 09:15
DONG Energy divests 50 per cent of German offshore wind farm to KIRKBI and the Oticon Foundation
DONG Energy has today signed an agreement to sell 50 per cent of the German offshore wind Borkum Riffgrund 1 to the LEGO Group’s parent company, KIRKBI A/S, and the Oticon Foundation, via its investment company, William Demant Invest A/S for a total ...
23.01.2012 15:06
Financial calendar 2012
DONG Energy has planned the following release dates for the financial reports and the Annual General Meeting: 9 March 2012: Annual Report 2011 18 April 2012: Annual General meeting 11 May 2012: Interim report for first quarter of 2012 10 ...
11.01.2012 10:22
Divestment of Oil Terminals now closed
In continuance of the company announcements on 20 June and 23 December 2011, DONG Energy can now announce that the transaction concerning the acquisition of DONG Energy Oil Terminals by the Canadian energy infrastructure business Inter Pipeline Fund ...
05.01.2012 17:24
DONG Energy A/S successfully issued Sterling bond
DONG Energy A/S has today successfully issued a GBP 750 million bond with a maturity of 20 years. The issuance was made under the company’s existing debt issuance programme (EMTN programme). Key details of the transaction: Size: GBP 750 ...
05.01.2012 09:30
DONG Energy A/S to issue Sterling bond
DONG Energy A/S announces its intention to issue a Sterling denominated bond under its existing debt issuance programme (EMTN programme). The proceeds of the transaction will be used for general corporate purposes. The final size of the issue, ...
23.12.2011 10:18
Changes to previous announcement about the divestment of Oil Terminals
On 20 June 2011 DONG Energy announced that it had agreed with the Canadian energy infrastructure business Inter Pipeline Fund that Inter Pipeline Fund should acquire DONG Energy Oil Terminals for a total price of DKK 2.6bn. The transaction was ...
16.12.2011 13:52
DONG Energy acquires a stake in the first two projects in SMart Wind’s Hornsea zone
DONG Energy has acquired a 33.3% stake in the first two offshore wind projects in the Hornsea zone from SMart Wind, the 50/50 joint venture between Mainstream Renewable Power and Siemens’ Financial Services unit, represented by Siemens Project ...
04.11.2011 15:00
DONG Energy acquires the right to further develop German offshore wind farm
DONG Energy has acquired the right to further develop the offshore wind project Borkum Riffgrund West 1 from Energiekontor AG for approx. EUR 30 mio. The procurement of the project is a significant step in DONG Energy's effort to gain a stronger ...
04.11.2011 14:00
Stable results for the first nine months of the year
The Board of Directors of DONG Energy has today approved the interim financial report for the first nine months of 2011 with the following outlook and key performance indicators compared with the first nine months of 2010: -- EBITDA was DKK 11.7 ...
01.11.2011 14:19
Completion of Marubeni Corporation's acquisition of an ownership stake in Gunfleet Sands offshore wind farm
On September 1st 2011 Marubeni Corporation and DONG Energy entered into an agreement whereby Marubeni acquires a 49.9% stake in the 172MW Gunfleet Sands offshore wind farm. Completion of the transaction was conditional on, inter alia, certain ...
31.10.2011 12:17
DONG Energy to present first 9 months results
DONG Energy will release its results for the first 9 months in 2011 on November 4th, 2011. The results will be released around 2 pm CET. A conference call for investors and analysts will be held on November 7th at 11:00 CET. Dial in numbers ...
27.10.2011 13:02
Vestas and DONG Energy enter into agreement on testing of new 7 MW offshore wind turbine
Vestas and DONG Energy have entered into cooperation on testing of Vestas' new V164-7.0 MW offshore wind turbine at DONG Energy's demonstration site in the waters off Frederikshavn. Vestas will be supplying a V164-7.0 MW turbine, which is a dedicated ...
21.10.2011 16:08
Disposal of the transmission assets at the offshore wind farm Walney 1
Walney Windfarms Limited today announced that it has completed the sale of transmission assets at the offshore wind farm Walney 1 to Blue Transmission Walney 1 Limited, which is the licensee entity incorporated by the consortium of Macquarie Capital ...
20.10.2011 13:26
Divestment of stakes in Anholt offshore wind farm has been approved
On March 28 2011 PensionDanmark and PKA signed an agreement with DONG Energy on the acquisition of 50 per cent of the Anholt offshore wind farm. The Danish Energy Agency has now approved PensionDanmark and PKA as parties to the licensing agreement ...
18.10.2011 08:00
DONG Energy to acquire UK Shell Gas Direct
DONG Energy and Shell UK have signed a Sales and Purchase Agreement to acquire Shell Gas Direct for GBP 30 mill. equivalent to approximately DKK 260 million. The acquisition will be completed in the coming months and DONG Energy will acquire 100% of ...
03.10.2011 22:33
DONG Energy increases stake in South Arne field
DONG Energy will be acquiring approximately 2.4 per cent of the South Arne field in the Danish North Sea from Noreco. Noreco announced 11 August 2011, that the company had made a deal with Hess stating that Hess was to take over the company's share ...
29.09.2011 08:00
DONG Energy appoints new Executive Vice President
Thomas Dalsgaard, age 45, is with effect from October 1st 2011 appointed Executive Vice President in DONG Energy and will be responsible for the business unit Generation. Thomas Dalsgaard previously served as Senior Vice President in DONG Energy ...
27.09.2011 14:37
Disposal of Barrow offshore wind farm transmission assets
Barrow Offshore Wind Ltd., a 50/50 joint venture between Centrica and DONG Energy, today announced that it has completed the sale of transmission assets at the Barrow offshore wind farm to TC Barrow OFTO Ltd. for GBP 34 million. The disposal is in ...
01.09.2011 19:25
Marubeni Corporation to become co-owner of Gunfleet Sands offshore wind farm
Marubeni Corporation has entered into an agreement with DONG Energy whereby Marubeni acquires a 49.9% stake in the 172MW Gunfleet Sands offshore wind farm. Marubeni will pay to DONG Energy a cash consideration of approx. GBP 200 million for the ...
31.08.2011 13:47
DONG Energy acquires Noreco's stake in the Siri field
DONG Energy advised in a company announcement on 25 July 2011 that the company had made an agreement with Noreco for DONG Energy to acquire Noreco's interest in the Siri field in the Danish North Sea. As stated in the announcement, Noreco had the ...
26.08.2011 11:50
DONG Energy co-founder of bioenergy consortium in Måbjerg
Together with local players, DONG Energy is establishing a green energy consortium, Måbjerg Energy Concept. Over the coming 15 months, the consortium will determine whether a number of bioenergy projects are feasible and will be profitable. The ...
22.08.2011 11:30
Executive Vice President Niels Bergh-Hansen retires
Niels Bergh-Hansen, 62, member of DONG Energy's Group Management and Executive Vice President of the business units Generation and Renewables, has decided to retire as of 1 October 2011. "You need to quit while you're ahead and now it's time for me ...
17.08.2011 19:16
DONG Energy A/S signs a EUR 1.3bn credit facility
DONG Energy A/S has today signed a EUR 1.3bn 5-year revolving credit facility, which includes two 1 year extension options. The facility will replace the existing EUR 750 million credit facility, signed in May 2010. The new facility is a central part ...
16.08.2011 10:15
New strategic focus causes DONG Energy to sell its stake in Nordkraft Vind
DONG Energy has sold its 50 per cent stake in Nordkraft Vind to Nordkraft Produksjon for NOK 145 million (DKK 138 million). The size of DONG Energy's portfolio of wind projects in Norway is found no longer to warrant a continued strategic focus on ...
16.08.2011 08:00
High energy prices ensured strong results
The Board of Directors of DONG Energy has today approved the interim financial report for the first half of 2011 with the following outlook and key performance indicators compared with the first half of 2010: -- EBITDA was DKK 9.1 billion ...
10.08.2011 09:03
DONG Energy to present first half results for 2011
DONG Energy will release its results for the first half in 2011 on 16 August, 2011. A conference call for investors and analysts will be held at 11:00 CET on the same day. Dial in numbers for the conference call: Denmark: +45 32 71 47 ...
25.07.2011 08:00
DONG Energy and Noreco make an agreement on the Siri field in the North Sea
DONG Energy, the Operator of the Siri field in the Danish sector of the North Sea, and its licence partner Noreco have settled on an agreement for DONG Energy to acquire Noreco's 50 per cent interest in the Siri field with an acquisition cost of ...
19.07.2011 15:00
Terms in place for the divestment of the transmission assets at the Gunfleet Sands offshore wind farm
The terms regarding the divestment of the transmission assets relating to Gunfleet Sands I and II have now been agreed between DONG Energy and the purchaser TC Gunfleet Sands OFTO Limited (Transmission Capital Partners) at the sum of GBP 49.5 million. ...
28.06.2011 12:11
DONG Energy and Bladt Industries sign long-term cooperation agreement on wind turbine foundations
DONG Energy and Bladt Industries have today after an EU-tendering process signed a framework agreement on long-term cooperation on the manufacture of foundations for DONG Energy's future offshore wind farms in Northern Europe. "The cooperation is ...
20.06.2011 17:39
DONG Energy to divest Oil Terminals to Inter Pipeline Fund
DONG Energy and the Canadian energy infrastructure business Inter Pipeline Fund have agreed that Inter Pipeline Fund will take over DONG Energy Oil Terminals. The sales price of DONG Energy Oil Terminals is DKK 2.6 billion which reflects a multiple of ...
16.06.2011 08:01
DONG Energy and ScottishPower Renewables to build West of Duddon Sands offshore wind farm
DONG Energy and ScottishPower Renewables, part of the Iberdrola Group, have decided to go ahead with the construction of the West of Duddon Sands offshore wind farm in the Irish Sea in a 50/50-partnership. The total cost of construction is up to GBP ...
15.06.2011 15:55
DONG Energys repair solution only sufficient solution for Siri
Earlier today DONG Energy announced to execute a permanent repair solution for the Danish North Sea platform Siri. DONG Energy considers this to be the only possible and sufficient repair solution that as soon as possible as required by the law can ...
15.06.2011 08:01
Permanent solution for North Sea platform Siri
DONG Energy will now execute a permanent repair solution for the Danish North Sea platform Siri. DONG Energy has worked intensively with external engineering companies and has now found a permanent solution for repairing the damaged Siri platform's ...
19.05.2011 08:01
Interim financial report - Q1 2011 - Sound and satisfactory results
The Board of Directors of DONG Energy has today approved the interim financial report for the first quarter of 2011 with the following outlook and key performance indicators compared with the first quarter of 2010: -- EBITDA was DKK 4.8 billion ...
16.05.2011 08:40
New and more transparent presentation of income statement
From and including the first quarter of 2011, DONG Energy will present its financial results in a new and more transparent manner to better illustrate the underlying financial performance. The new presentation of the income statement reflects a wish ...
12.05.2011 13:02
DONG Energy to present first quarter results for 2011
DONG Energy will release its results for the first quarter in 2011 on 19 May, 2011. A conference call for investors and analysts will be held at 11:00 CET on the same day. Dial in numbers for the conference call: Denmark: +45 32 71 47 ...
28.03.2011 08:44
PensionDanmark and PKA to become co-owners of Denmark's largest offshore wind farm
A consortium consisting of PensionDanmark and PKA has signed an agreement with DONG Energy on the acquisition of 50 per cent of the Anholt offshore wind farm for a price of app. DKK 6 billion. PensionDanmark is lead investor in the consortium and will ...
11.03.2011 08:58
DONG Energy A/S' survey of information published pursuant to Section 27b of the Danish Securities Trading Act
Pursuant to Section 27b of the Danish Securities Trading Act DONG Energy A/S hereby publishes a survey of information published or made available by the company to the public in the period 11 March 2010 - 11 March 2011 in accordance with the company's ...
11.03.2011 08:00
Announcement of financial results for 2010
-- EBITDA was up DKK 5.3 billion (59%) at DKK 14.1 billion, reflecting higher energy prices, higher electricity generation, higher gas sales and lower fixed costs. -- Profit for the year was DKK 4.5 billion against DKK 1.1 billion in ...
08.03.2011 10:45
DONG Energy to present full year 2010 results
DONG Energy will release its results for 2010 on 11 March, 2011. A conference call for investors and analysts will be held at 11:00 CET on the same day. Dial in numbers for the conference call: Denmark: +45 32 71 47 67 International: +44 ...
24.02.2011 08:13
DONG Energy to build German offshore wind farm
DONG Energy has decided to build the offshore wind farm Borkum Riffgrund 1 in the German part of the North Sea. The construction will represent a total investment of approximately EUR 1 ¼ billion. Borkum Riffgrund 1 will consist of up to 89 3.6 MW ...
18.02.2011 09:54
Change of reporting segments
With effect from year end 2010, the reporting segment Generation will be split into two separate reporting segments - Renewables and Generation. The separation reflects the different strategies of the two business segments. Making Renewables a ...
27.01.2011 11:01
Notice to holders of GBP 500,000,000 5.75 per cent. securities due 2040, issued by DONG Energy on 9 April 2010 (ISIN XS0499449261)
On 13 January 2011 DONG Energy announced its successful issue of EUR 700,000,000 new callable subordinated capital securities due 3010 (ISIN XS0560190901) (the "Hybrid Debt Securities"). DONG Energy hereby gives notice to the holders of GBP ...
21.01.2011 15:13
Announcement of final pricing regarding DONG Energy's invitation to tender hybrid capital bonds for repurchase
THESE MATERIALS DO NOT CONSTITUTE OR FORM A PART OF ANY OFFER OR SOLICITATION TO PURCHASE OR SUBSCRIBE FOR SECURITIES IN THE UNITED STATES. THE NOTES MENTIONED HEREIN HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF ...
20.01.2011 20:36
Announcement of results and acceptance regarding DONG Energy's invitation to tender hybrid capital bonds for repurchase
THESE MATERIALS DO NOT CONSTITUTE OR FORM A PART OF ANY OFFER OR SOLICITATION TO PURCHASE OR SUBSCRIBE FOR SECURITIES IN THE UNITED STATES. THE NOTES MENTIONED HEREIN HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF ...
13.01.2011 17:58
DONG Energy has successfully issued new hybrid capital bonds
Earlier today DONG Energy announced its intention to issue new callable subordinated capital securities due 3010. These securities have been successfully issued. Key details of the transaction: Size EUR 700m ...
13.01.2011 11:30
DONG Energy resumes intention to issue new hybrid capital bondsand announces invitation to tender existing hybrid capital bonds for repurchase
THESE MATERIALS DO NOT CONSTITUTE OR FORM A PART OF ANY OFFER OR SOLICITATION TO PURCHASE OR SUBSCRIBE FOR SECURITIES IN THE UNITED STATES. THE NOTES MENTIONED HEREIN HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF ...
11.01.2011 08:37
Financial calendar
DONG Energy has planned the following release dates for the interim reports and the Annual General Meeting. 11 March 2011: Annual Report 2010 12 April 2011: Annual General meeting 19 May 2011: Interim report for first quarter of 2011 16 ...
22.12.2010 19:49
DONG Energy and Siemens Wind Power enter into agreement on testing of the wind turbines of the future
DONG Energy and Siemens Wind Power (”Siemens”) have entered into an agreement under which Siemens will supply test turbines for research and development purposes to DONG Energy.The agreement is part of DONG Energy's establishment of a new ...
21.12.2010 15:44
DONG Energy upgrades Kyndby Power Station and Masnedø CHP Plant
DONG Energy has decided to upgrade Kyndby Power Station and the gas turbine at Masnedø CHP Plant.The total costs associated with the upgrading work are around DKK 200 million. At the same time, DONG Energy and Energinet.dk have concluded a ...
21.12.2010 11:31
Sale of share in Danish offshore wind farm and acquisition of shares in German sales company approved
On 30 September 2010, Stadtwerke Lübeck and DONG Energy announced their intention to swap Stadtwerke Lübeck's 25.1 % share in the jointly-owned German subsidiary DONG Energy Sales for an indirect 7.25 % share of the Nysted Offshore Wind Farm. The ...
20.12.2010 11:43
PGGM and Ampère Equity Fund buy minority stake from DONG Energy in Walney Offshore Wind Farm
20 December 2010 - A consortium of PGGM and Dutch Ampère Equity Fund, managed by Triodos Investment Management, have entered into an agreement with DONG Energy whereby the consortium acquires a 24.8% stake in the 367MW Walney offshore wind farm, which ...
06.12.2010 13:31
DONG Energy temporarily brings two power station units back into service
DONG Energy has today decided to temporarily bring back into service Unit 4 at Studstrup Power Station and Unit 5 at Asnæs Power Station with effect from 9 December 2010 and 3 January 2011 respectively. At the same time, Unit 2 at Asnæs Power Station ...
01.12.2010 15:06
DONG Energy terminates repurchase of hybrid capital bonds and postpones the intended issue of new hybrid capital bonds
On 11 November 2010 DONG Energy A/S announced its intention to issue, subject to market conditions, new callable subordinated capital securities due 3010. At the same time DONG Energy announced a conditional invitation to all holders of its ...
29.11.2010 12:22
Announcement of indicative results and amendment of timetable re pricing for debt tender offer
On 11 November 2010 DONG Energy A/S announced its intention to issue, subject to market conditions, new callable subordinated capital securities due 3010. At the same time DONG Energy announced a conditional invitation to all holders of its ...
26.11.2010 10:53
DONG Energy invests in further development of South Arne field
DONG Energy has decided - together with the operator Hess and the licence partners - to develop the Danish North Sea field South Arne. DONG Energy's share of the investment amounts to about DKK 2.5 billion. The development's expected commercial ...
24.11.2010 09:28
Additional information regarding prospectus supplement and re-opening of invitation to tender existing hybrid capital bonds for repurchase
On 11 November 2010 DONG Energy A/S announced its intention to issue, subject to market conditions, new callable subordinated capital securities due 3010. At the same time DONG Energy announced a conditional invitation to all holders of its ...
23.11.2010 16:20
Conditions fulfilled in relation to PensionDanmark becoming equity partner in Nysted offshore wind farm
On September 9 2010 it was announced that PensionDanmark would become equity partner in Nysted offshore wind farm. All conditions in relation to the transaction have now been fulfilled and it is expected to be completed in the fourth quarter of ...
11.11.2010 15:33
DONG Energy announces invitation to tender hybrid capital bonds for repurchase and intention to issue new hybrid capital bonds
To strengthen the capital structure and to further secure the capital structure targets DONG Energy A/S announces its intention to issue, subject to market conditions, new callable subordinated capital securities due 3010. At the same time DONG ...
11.11.2010 08:01
Strong results combined with continued transition to green energy
The Board of Directors of DONG Energy A/S has today approved the interim financial report for the first nine months of 2010, which developed as follows compared with the results for the first nine months of 2009: Revenue was up DKK 2,699 million at ...
04.11.2010 15:50
DONG Energy to present first nine month results
DONG Energy will release its results for the first nine months of 2010 on 11 November, 2010. A conference call for investors and analysts will be held at 11:00 CET on the same day. Dial in numbers for the conference call: Denmark: +45 32 71 47 67 ...
29.10.2010 10:27
DONG Energy has decided to phase out two power station units
DONG Energy has decided to phase out Unit 3 at Ensted Power Station near Aabenraa and Unit 2 at Stigsnæs Power Station near Skælskør. Both units are scheduled for mothballing on 1 January 2013. The planned phasing-out is due partly to expected ...
14.10.2010 19:51
DONG Energy strengthens its position in the Netherlands
In a new cooperation with the Dutch energy company De Nederlandse Energie Maatschappij (NLE), DONG Energy will be strengthening its existing position in the Netherlands. Today, Thursday 14 October, three supply contracts have been concluded ...
13.10.2010 12:30
Antitrust authority approves Siemens as equity partner in A2SEA
On June 29 2010 it was announced that Siemens would become equity partner in offshore wind park installation specialist A2SEA A/S. The investment has now been approved by the German antitrust authority and is expected to be completed in the fourth ...
12.10.2010 11:14
Divestment of stakes in Nordkraft and Salten Kraftsamband has been approved
On June 24 2010 DONG Energy announced an agreement to sell its ownership interests in Nordkraft and Salten Kraftsamband, two energy companies based in northern Norway, to a company in the Troms Kraft Group The transaction has now been approved by ...
30.09.2010 10:24
Stadtwerke Lübeck and DONG Energy to swap Wind asset for ownership in German sales company
Stadtwerke Lübeck acquires a 7.25 % share of the Danish offshore wind farm Nysted. In return, the Danish energy group DONG Energy will acquire Stadtwerke Lübeck's 25.1 % share in the jointly-owned subsidiary DONG Energy Sales GmbH, meaning that DONG ...
09.09.2010 09:35
PensionDanmark becoming partner in Nysted offshore wind farm
DONG Energy and PensionDanmark have signed an agreement, under which PensionDanmark will buy 30% of the Nysted offshore wind farm at a cash consideration of DKK 0.4 billion. At the same time, DONG Energy will buy E.ON's 20% ownership interest and ...
24.08.2010 09:00
DONG Energy selling interests in North Sea licences
DONG Energy has sold 15% of the Svane and Solsort licences (4/98 and 3/09) in the Danish sector of the North Sea to VNG Danmark ApS. DONG Energy is reducing its licence interests as part of its portfolio optimisation. An appraisal drilling of the ...
19.08.2010 08:01
Strengthened earnings
The Board of Directors of DONG Energy A/S has today approved the interim financial report for the first half of 2010, which developed as follows compared with the first-half 2009 results: Revenue was down DKK 1,088 million at DKK 27,691 million, ...
13.08.2010 10:01
DONG Energy presents first half 2010 results
DONG Energy will release its first half 2010 results on August 19, 2010. A conference call for investors and analysts will be held at 11:00 CET on the same day. Dial in numbers for the conference call: Denmark: +45 32 71 47 67 International: ...
12.08.2010 09:01
DONG Energy and Iberdrola close LNG agreement
DONG Energy and Iberdrola have signed the detailed supply agreement - following the signing of the commercial terms as announced earlier this year - for Iberdrola to deliver LNG (Liquefied Natural Gas), corresponding to approximately 1 billion m3 of ...
10.08.2010 08:04
Development of Marulk approved by authorities
The Norwegian authorities' has approved the development plan for the Norwegian gas field Marulk. As earlier announced DONG Energy agreed to the development plan in July 2010. The field is estimated to contain 71 million barrels of oil equivalents ...
14.07.2010 10:56
DONG Energy to develop Norwegian gas field
DONG Energy has agreed a development plan for the Norwegian gas field Marulk, in which DONG Energy has a 30% stake. The costs of developing the Marulk field are expected to total approximately DKK 3.8 billion, of which DONG Energy's share will amount ...
12.07.2010 15:27
A2SEA invests in a new purpose-built installation vessel
A2SEA has signed a contract with Chinese company, COSCO Shipyard Group Co., Ltd., for the construction of a new vessel specially designed for the purpose of installation of offshore wind turbines. The contract has a value of USD 139 million (approx. ...
01.07.2010 16:14
DONG Energy A/S signs GBP 250m loan facility for London Array
DONG Energy A/S has today signed a GBP 250 million loan facility with European Investment Bank intermediated by a leading international bank. The loan is related to the construction of the London Array offshore wind farm and can be drawn throughout ...
29.06.2010 10:06
Siemens to become equity partner in offshore wind park installation specialist A2SEA
Siemens will become shareholder (49 percent) in A2SEA A/S, a supplier of installation services for the construction of offshore wind farms. The Danish energy company, DONG Energy, will continue to be the main shareholder of the company. A2SEA in ...
24.06.2010 13:36
DONG Energy to sell its stakes in Nordkraft and Salten Kraftsamband
DONG Energy has signed an agreement to sell its ownership interests in Nordkraft and Salten Kraftsamband, two energy companies based in northern Norway, to a company in the Troms Kraft Group. The selling price of Nordkraft is approx. DKK 1.1 billion ...
22.06.2010 09:58
DONG Energy to build Anholt offshore wind farm
Earlier today, the Danish Energy Agency awarded DONG Energy the concession to build the next major offshore wind farm in Denmark off the Danish island of Anholt in the Kattegat. The construction of the wind farm will represent a total investment ...
08.06.2010 18:38
DONG Energy A/S signs a GBP 250m loan facility for London Array
DONG Energy has today signed a GBP 250 million Loan Facility with the European Investment Bank (EIB), guaranteed by the Danish Export Credit Agency (Eksport Kredit Fonden, EKF) on the basis of deliveries from Siemens Wind Power and Per Aarsleff. The ...
26.05.2010 14:21
DONG Energy A/S signs a EUR 750m credit facility
DONG Energy has today signed a 5-year revolving credit facility of EUR 750 million to partly replace the existing EUR 1,500 million credit facility, dating from May 2005. The new facility is a central part of DONG Energy´s total liquidity reserves. ...
20.05.2010 08:01
INTERIM FINANCIAL REPORT - Q1 2010
Satisfactory results despite continued difficult market conditions The Supervisory Board of DONG Energy A/S has today approved the interim financial report for the first quarter of 2010, which developed as follows compared with the first-quarter ...
18.05.2010 16:53
DONG Energy presents first quarter 2010 results
DONG Energy will release its first quarter 2010 results on May 20, 2010. A conference call for investors and analysts will be held at 11:00 CET on the same day. Dial in numbers for the conference call: Denmark: +45 3271 4767 International: +44 ...
07.04.2010 14:11
DONG Energy submits tender for concession to build Anholt offshore wind farm
Earlier today, DONG Energy submitted a binding tender to the Danish Energy Agency for the concession to build a 400 MW offshore wind farm off the Danish island of Anholt in the Kattegat. If the concession is awarded to DONG Energy, the total ...
26.03.2010 15:13
DONG Energy A/S successfully issued Sterling bond
DONG Energy A/S has today successfully issued a GBP 500m bond with a maturity of 30 years. The issuance was made under the company's existing debt issuance programme (EMTN programme). Key details of the transaction: Size: GBP 500m Maturity ...
26.03.2010 09:03
DONG Energy A/S to issue Sterling bond
DONG Energy A/S intends today to issue a Sterling denominated bond under its existing debt issuance programme (EMTN programme). The proceeds of the transaction will be used for general corporate purposes. The final size of the issue, coupon and ...
25.03.2010 13:06
Mandating banks for Sterling bond issuance
DONG Energy has mandated Barclays Capital, Deutsche Bank and SG CIB as joint bookrunners for a new long dated Sterling denominated bond issue. An issuance is expected to be rated (Baa1/A-) and will be launched and priced in due course subject to ...
24.03.2010 17:50
Update and increase of Debt Programme
DONG Energy A/S has today updated its Debt Programme (EMTN programme) and increased the programme amount from EUR 3bn to EUR 5bn. The new prospectus for the programme can be downloaded ...
17.03.2010 16:57
DONG Energy to develop the Laggan-Tormore fields West of Shetland
DONG Energy has decided together with its partner TOTAL (Operator) to develop the Laggan and Tormore gas fields in the West of Shetland region in Great Britain. The partners' interests in the fields are DONG Energy with 20% and TOTAL with 80%. The ...
17.03.2010 10:30
Iberdrola to deliver LNG to DONG Energy from 2011
DONG Energy and the Spanish company Iberdrola have signed the commercial terms for Iberdrola to deliver LNG (Liquefied Natural Gas), corresponding to about 1 billion m3 of natural gas per year to DONG Energy from the end of 2011. The ten-year ...
11.03.2010 15:13
DONG Energy A/S' survey of information published pursuant to Section 27b of the Danish Securities Trading Act
Pursuant to Section 27b of the Danish Securities Trading Act DONG Energy A/S hereby publishes a survey of information published or made available by the company to the public in the period 6 March 2009 - 11 March 2010 in accordance with the company's ...
11.03.2010 14:50
CORRECTION: Announcement of financial results for 2009
Text with link to annual report at dongenergy.com. No changes in content. The Supervisory Board of DONG Energy A/S has today approved the company's annual report for 2009. DONG Energy's activities and financial performance in 2009 were affected ...
11.03.2010 08:01
Announcement of financial results for 2009
The Supervisory Board of DONG Energy A/S has today approved the company's annual report for 2009. DONG Energy's activities and financial performance in 2009 were affected by the financial crisis. However, taking a longer-term view, 2009 was also a ...
10.03.2010 10:07
DONG Energy press conference 11 March 2010
As announced on 4 March 2010, DONG Energy will present its annual results for 2009 tomorrow, Thursday 11 March. The annual results will be released at 08.00 am CET and will be followed by a press conference for journalists at 12.30pm CET at Nesa ...
04.03.2010 14:24
DONG Energy will release its annual results for 2009 on March 11, 2010
DONG Energy will release its annual results for 2009 on March 11, 2010. A conference call for investors and analysts will be held at 11:00 CET on the same day. Dial in numbers for the conference call: Denmark: +45 32 71 47 67 International: + ...
25.02.2010 09:17
New North Sea Field - Nini East - is now producing
Today the Nini East field in the Danish part of the North Sea has produced its first oil. DONG Energy is operator of the field. The decision on developing the field was announced in 2008. “Producing from this new field is part of our endeavour to ...
04.02.2010 11:17
DONG Energy closes sale of shares in Swedegas AB
As announced in December 2009, DONG Energy and the other owners of Swedish gas transmission company Swedegas AB have decided to sell their shares in the company to EQT Infrastructure Fund (EQT). The Swedish competition authorities have now approved ...
27.01.2010 14:06
DONG Energy to carry out appraisal drilling in the Svane field
DONG Energy and its licence partners Bayerngas (30% interest) and the Danish North Sea Fund (20% interest) have decided to carry out an appraisal drilling in the Svane field in the Danish sector of the North Sea. DONG Energy assumed the role of ...
24.01.2010 21:09
North Sea field Siri back in production
Production has today been resumed in the Siri field in the Danish part of the North Sea. On 31 August 2009, the operator of the Siri field, DONG Energy, decided to stop production from the field. The decision was caused by a routine ...
08.01.2010 15:13
Financial calendar
DONG Energy has planned the following release dates for the interim reports and the Annual General Meeting. 11 March 2010 Annual Report 2009 19 April 2010 Annual General meeting 20 May 2010 Interim report for first quarter of 2010 19 ...
04.01.2010 07:58
The Siri-field expected back in production in January
Due to rough weather conditions in the North Sea, production from the Siri-field in the Danish part of the North Sea is not expected to be resumed until sometime in January 2010. On 31 August 2009, the operator of the Siri field, DONG Energy, ...
23.12.2009 11:21
DONG Energy and Siemens enter into a new supply agreement regarding offshore wind turbines
Siemens to deliver wind turbines and grid connection for offshore wind farm Lincs in the UK. Siemens and DONG Energy have further expanded their cooperation in offshore windpower. In March 2009, DONG Energy and the Siemens Energy Sector ...
23.12.2009 11:15
DONG Energy sells minority stake in Walney Offshore Wind Farm
DONG Energy and SSE (Scottish and Southern Energy plc) have entered into an agreement whereby SSE acquires a 25.1% stake in the 367MW (megawatt) Walney offshore wind farm which is being built 14km west of the Isle of Walney in the Irish Sea. DONG ...
23.12.2009 11:03
DONG Energy and Siemens Project Ventures to join UK offshore wind farm project
Joint Venture to acquire a 50% stake of a 270 MW UK offshore wind farm project Lincs from UK energy company Centrica. DONG Energy and Siemens Project Ventures (SPV), a Division company of Siemens Financial Services, have signed a Joint Venture ...
17.12.2009 15:58
DONG Energy to sell its shares in Swedegas AB to EQT
DONG Energy has, together with its co-owners of the Swedish company Swedegas, reached an agreement to sell its shares to EQT Infrastructure Fund. DONG Energy owns 20.4% of the shares in Swedegas. The other owners are Statoil ASA, Fortum and E.on ...
17.12.2009 11:34
DONG Energy acquires full ownership of offshore wind turbine projects Borkum Riffgrund 1 and 2
DONG Energy and PNE Wind AG have agreed that DONG Energy will acquire PNE's 50% ownership interest in each of the two German offshore wind turbine projects Borkum Riffgrund 1 and 2. DONG Energy previously acquired Vattenfall AB's 49% ownership ...
11.12.2009 14:31
DONG Energy withdraws from Greifswald project in Germany
At a board meeting held today, DONG Energy resolved to withdraw from the project exploring the opportunities of building a new power plant near the town of Greifswald in northern Germany. In November 2006, DONG Energy acquired an ownership interest ...
09.12.2009 17:06
DONG Energy A/S has issued a dual-tranche EUR 1.0 billion Eurobond
DONG Energy A/S has today successfully launched a dual tranche EUR 1.0 billion issue spread equally across 7 and 12- year maturities. The issuance was made under the existing DONG Energy A/S European Medium Term Note (EMTN) programme. Key details ...
09.12.2009 08:59
DONG Energy A/S Senior Eurobond Announcement
DONG Energy A/S announces its intention to issue a dual tranche benchmark Eurobond under its existing European Medium Term Note (EMTN) programme. The proceeds of the transaction will be used for general corporate purposes. DONG Energy A/S is rated ...
07.12.2009 19:03
DONG Energy publishes supplementary prospectus on debt issuance
Today, DONG Energy A/S publishes a supplementary prospectus to the base prospectus dated 17 April 2009 on debt issuance (EMTN) of a nominal amount of EUR 3,000,000,000. The supplementary prospectus sets out a proposed change of the ...
18.11.2009 16:24
Standard & Poor's upgrades rating on DONG Energy A/S
Today, Standard & Poor's upgraded the corporate rating on DONG Energy A/S to A- from BBB+. The Stable outlook is maintained. The content of this announcement does not alter the previously announced expectations for DONG Energy's financial result ...
17.11.2009 08:01
INTERIM FINANCIAL REPORT - FIRST NINE MONTHS 2009
Results affected by low energy prices and transition to green energy accelerated The Supervisory Board of DONG Energy A/S has today approved the interim financial report for the first nine months of 2009, which developed as follows compared with the ...
17.11.2009 08:01
DONG Energy sells fibre optic network to TDC
Today DONG Energy concluded a contract with TDC on the acquisition of parts of DONG Energy's fibre optic network. TDC will pay DKK 325 million in cash on completion of the contract. DONG Energy is also to receive a percentage of the TDC group's future ...
13.11.2009 15:36
DONG Energy will release its third quarter results for 2009 on November 17, 2009.
Investor presentation DONG Energy will release its third quarter results for 2009 on November 17, 2009. A conference call for investors and analysts will be held at 11:00 CET on the same day. Dial in numbers for the conference call: Denmark: ...
11.11.2009 13:01
DONG Energy reducing staff
As announced on 27 October 2009, DONG Energy has decided to adjust production capacity at its Danish power stations as a result of declining demand for power. Unfortunately, this adjustment of production capacity and other measures to reduce costs ...
09.11.2009 16:43
The Danish Financial Supervisory Authority brings action against DONG Energy
The Danish Financial Supervisory Authority (the “Danish FSA”) today announced that it intends to report DONG Energy A/S to the police, claiming that a fine be imposed on the company for its failure to submit certain information to the Danish FSA. ...
03.11.2009 08:07
Appraisal Drilling Successfully Completed on Glenlivet Discovery
DONG Energy, operator with 80% interest in license P1195, West of Shetlands, UK, has completed drilling of two successful appraisal sidetracks on the Glenlivet discovery. Partners in license P1195 are Faroe Petroleum and First Oil each with a 10% ...
27.10.2009 13:16
DONG Energy Cuts Power Production Capacity
As previously announced DONG Energy has decided to carry out further cost savings as a result of the declining demand for electricity. DONG Energy has therefore decided to shut down unit 5 of Asnæs Power Station and unit 4 of Studstrup Power Station ...
07.10.2009 09:32
Temporary production solution at Siri
On 31 August 2009, following a routine inspection revealing cracks in a subsea structure connected to the oil storage tank underneath the Siri platform, DONG Energy decided to stop production from the Siri field. The structure carries the load of ...
06.10.2009 09:01
DONG Energy to strengthen capital structure
The supervisory board of DONG Energy has resolved to strengthen the capital structure through a number of initiatives including a reduction in the net investment program for the coming years. DONG Energy now expects that its share of net ...
01.10.2009 16:15
DONG Energy doubles its future gas supplies from Gazprom
Gazprom Export (a Gazprom Group company) and DONG Energy today signed a contract for delivery of gas to DONG Energy via the Nord Stream pipeline in the Baltic Sea. The gas volumes will be delivered at the Danish/German border. In June 2006, Gazprom ...
30.09.2009 16:46
DONG Energy closes acquisition of KOM-STROM
The EU Competition authorities has approved DONG Energy's acquisition of the German wholesale company KOM-STROM and filing for approval at the German financial supervisory authority BaFin has been completed. On this basis closing of the acquisition ...
14.09.2009 17:06
DONG Energy: Gas find West of Shetland
DONG Energy and partners, Faroe Petroleum and First Oil Expro, are pleased to announce a discovery of gas in the Glenlivet license West of Shetland. DONG Energy is operator with 80% interest of the license (P1195), which was awarded in the UK 22nd ...
03.09.2009 15:38
Investigations of cracks on the Siri installation
During an annual planned inspection Monday 31 August 2009 minor cracks were observed in a water tank connected to the oil storage tank below the Siri platform operated by DONG Energy. DONG Energy immediately decided to shut down production while ...
11.08.2009 08:14
INTERIM FINANCIAL REPORT - FIRST HALF-YEAR 2009
Results affected by sustained low energy prices, as expected The Supervisory Board of DONG Energy A/S has today approved the interim financial report for the first half of 2009, which developed as follows compared with the first-half 2008 results: ...
11.08.2009 08:00
DONG Energy to acquire German wholesale company
The Danish energy company DONG Energy acquires 83.57% of the shares in the German wholesale company KOM-STROM AG from the Dutch energy company Essent at a total price of EUR 27 million, or approximately DKK 200 million. KOM-STROM is a wholesale ...
07.08.2009 11:24
DONG Energy Builds Wind Farm in Northern Norway
DONG Energy has decided to build and run the Norwegian onshore wind farm Nygårdsfjell 2 in the Narvik municipality in Northern Norway. The wind farm is owned by the company Nordkraft Vind AS, which is owned 50/50 together with the Norwegian company ...
25.06.2009 09:58
DONG Energy buys A2SEA
DONG Energy buys A2SEA for the price of approximately DKK 700 million from Dansk Kapitalanlæg, Lønmodtagernes Dyrtidsfond and Clipper Projects, and a series of minor shareholders. A2SEA is a market leading supplier of installation vessels for the ...
19.05.2009 12:42
DONG Energy extends agreement with HNG
DONG Energy and HNG Midt-Nord Handel have decided to extend their existing agreement on supply of annual volumes of natural gas from DONG Energy to HNG Midt-Nord Handel. The annual supply volume is approx. 500 million m3. The present agreement ...
19.05.2009 11:50
CORRECTION: INTERIM FINANCIAL REPORT - Q1 2009
New pdf attached due to technical problems. No changes in content. Sound results despite economic recession The Supervisory Board of DONG Energy A/S has today approved the interim financial report for the first quarter of 2009, which developed ...
19.05.2009 08:11
INTERIM FINANCIAL REPORT - Q1 2009
Sound results despite economic recession The Supervisory Board of DONG Energy A/S has today approved the interim financial report for the first quarter of 2009, which developed as follows compared with the first-quarter 2008 results: • ...
12.05.2009 12:43
DONG Energy, E.ON and Masdar give green light to build world's largest offshore wind farm
• First phase of London Array offshore wind farm gets go ahead • Partners invest DKK 16,4bn in landmark project • First power due to be produced in 2012 LONDON, May 12th, 2009 - DONG Energy, E.ON and Masdar have today announced that they will ...
05.05.2009 17:14
DONG Energy in search of new ways to promote fibre optic networks
DONG Energy has begun a process to provide even more people with the opportunity to tap into the major potential of fibre optic communications. This is to be achieved by holding talks with selected Danish and foreign businesses providing ...
28.04.2009 18:51
DONG Energy A/S issues a dual-tranche EUR 1.0 billion Eurobond
Tuesday 28 April 2009, DONG Energy executed a dual tranche benchmark Eurobond, spread across the 5 and 10- year maturities. EUR 500,000,000 4,875%, notes due 7 May 2014 EUR 500,000,000 6,50% notes due 7 May 2019 This is DONG Energy's first issue ...
23.04.2009 09:58
DONG Energy buys stake in gas-fired power station project in the Netherlands
DONG Energy has bought a 50% stake in a gas-fired power station project in the Netherlands. The other partner in the project is Eneco B.V. (Eneco), the third largest power and gas provider in the Netherlands. In connection with DONG Energy's ...
22.04.2009 17:08
DONG Energy to build further offshore wind farms in the UK
DONG Energy has decided to build the offshore wind farm Walney II in the Irish Sea. The move is a result of the British government's increase in funding towards sustainable energy, which the British Chancellor of the Exchequer Alistair Darling ...
18.03.2009 10:02
DONG Energy consolidates its position in Poland
DONG Energy has bought the Polish onshore wind farm project Karcino from the Eurotrust A/S-owned company Aktiv Wind ApS. The project is to have a capacity of up to 51 MW. The wind farm is expected to commence operations in 2010, and the ...
17.03.2009 10:16
Presentation for credit investors
After having published the full year results 2008 DONG Energy will during week 12 and 13 host some meetings with credit investors. For these meetings a presentation has been prepared which describes various topics from the annual report and an ...
09.03.2009 08:55
DONG Energy submits development plan and increases equity in Oselvar
DONG Energy's Norwegian exploration and production company, DONG E&P Norge AS (operator, 40%), have together with license partners Bayerngas Produksjon Norge (30%), Norwegian Energy Company ASA (15%) and Wintershall Norge ASA (15%) prepared a ...
06.03.2009 12:40
DONG Energy acquires gas-fired power station in Wales
DONG Energy is acquiring the Severn gas-fired power station project and the engineering business Carron Engineering & Construction from Welsh Power Group. The Severn power station, which is located in South Wales, is currently under construction ...
06.03.2009 12:35
DONG Energy and Siemens enter into the world's largest offshore wind turbine agreement
Siemens is to supply up to 500 wind turbines to DONG Energy's coming offshore wind farms in Northern Europe. Today DONG Energy and the Siemens Energy Sector signed an agreement for the supply of up to 500 offshore wind turbines. The wind ...
06.03.2009 12:30
Announcement of financial results for 2008
The Supervisory Board of DONG Energy A/S has today approved the company's annual report for 2008. DONG Energy took two important strategic steps in 2008 towards sustained growth and value creation. One was the investment of just over DKK 11 billion ...
05.03.2009 11:58
DONG Energy press conference 6 March 2009
As announced on 6 February 2009, DONG Energy will present its annual results for 2008 tomorrow, Friday 6 March. The annual results will be released at approximately 12.30pm CET and will be followed by a press conference for journalists at 1.30pm CET ...
20.02.2009 15:27
New operating segments
In connection with the Annual Report 2008 DONG Energy A/S has decided to implement IFRS 8 on segments. According to IFRS 8, the Group's segment reporting has to be based on the internal management reporting. This has led to the following ...
06.02.2009 10:23
Updated financial calendar
DONG Energy has updated the company's financial calendar for 2009: 6 March 2009 Annual Report 2008 15 April 2009 Annual General meeting 19 May 2009 Interim report for first quarter of 2009 11 August 2009 Interim report for ...
05.01.2009 08:31
DONG Energy and the municipality of Frederiksberg sign agreement on utility company Frederiksberg Forsyning
In May 2006 DONG Energy took over Frederiksberg Forsyning's electricity supply operations. At the time of acquisition, the municipality of Frederiksberg and DONG Energy entered into a service agreement assigning responsibility to DONG Energy for the ...
17.12.2008 14:04
Financial calendar
DONG Energy has planned the following release dates for the interim reports and the Annual General Meeting. 5 March 2009 Annual Report 2008 15 April 2009 Annual General meeting 19 May 2009 Interim report for first quarter of ...
19.11.2008 16:04
DONG Energy to build new windmills at Avedøre Holme
DONG Energy has decided to invest in the construction of three new windmills at the Avedøre plant in Hvidovre outside Copenhagen. The project, which will attain a combined between 10 and 15 MW, will be built in two stages, with two windmills coming ...
12.11.2008 08:07
Interim Financial Report - first nine months 2008
Strong financial results The Supervisory Board of DONG Energy A/S has today approved the interim financial report for the first nine months of 2008, which developed as follows compared with the first nine months of 2007: ...
20.10.2008 12:25
DONG Energy submits development plan for Trym
DONG Energy and its licence partners Bayerngas Norge and Faroe Petroleum have prepared a development plan for the Norwegian oil and gas field Trym which is to provide a tie-back to the Danish production platform Harald. The investment is expected ...
09.10.2008 09:38
CO2-neutral energy for Herning and Ikast
Herning CHP Plant is being converted for co-firing with wood pellets from autumn 2009. Wood chips currently account for 70-75% of the fuel consumption, with the remainder being made up of natural gas. On completion of the conversion, biomass in the ...
15.08.2008 08:02
Strong financial results affected by high oil and gas prices
The Supervisory Board of DONG Energy A/S has today approved the interim financial report for the first half of 2008, which developed as follows compared with the first half of 2007: • Revenue was DKK 27,820 million versus DKK 20,177 ...
14.07.2008 12:06
DONG Energy to increase Hejre field stake
DONG Energy increases its stake of the Hejre licence by 10% to a total of 60%. DONG Energy acquires the 10% stake from Bayerngas Norge AS (Bayerngas) for USD 48 million, equivalent to approximately DKK 230 million. The transaction also includes the ...
26.06.2008 15:42
DONG Energy sells its share of the water and district heating activities in EnergiGruppen Jylland to EnergiMidt
DONG Energy has decided to sell its 65.6 per cent ownership (owned via DONG EGJ A/S) of the water and district heating activities in EnergiGruppen Jylland to EnergiMidt. The other owner, the Municipality of Herning, will keep its share of the ...
24.06.2008 13:31
DONG Energy to invest in Polish wind farm
DONG Energy's supervisory board today decided to build and operate the Karnice I onshore wind farm in Poland. Karnice I will have a net installed capacity of 30 MW and is expected to become operational in late 2009. The new wind farm represents an ...
12.06.2008 13:34
DONG Energy sells its wind power activities in Greece
DONG Energy and Mytilineos Holdings S.A. have entered into an agreement on the acquisition by a company within the Mytilineos Group of DONG Energy's Greek wind power activities for a price of EUR 28 million (DKK 209 mio.) The wind farms, with a ...
02.06.2008 10:01
DONG Energy increases stake in the Norwegian oil field Ula
DONG Energy has chosen to exercise its pre-emption right, and is increasing its stake in the Ula oil field from 5 per cent to 20 per cent. It is the licence partner Svenska Petroleum Explorations AS (Svenska) that has decided to sell its stake in the ...
26.05.2008 11:00
DONG Energy develops the Nini East field
DONG Energy develops the Nini East field, which is part of the Nini license. With the development follows a production platform, which will be constructed seven kilometers northeast of the existing platform, Nini. The Nini license is situated within ...
15.05.2008 08:00
Interim financial report first quarter 2008
The Supervisory Board of DONG Energy A/S has today approved the interim financial report for the first quarter of 2008 with the following highlights: First-quarter 2008 revenue was DKK 15,080 million EBITDA was DKK 3,186 million, up 3% from DKK ...
11.03.2008 08:32
Financial results 2007
Today the Supervisory Board of DONG Energy A/S has approved the company's annual report for 2007. DONG Energy's financial results for 2007 were affected by the fact that 2007 was the first year in which the acquired companies Elsam, Energi E2, Nesa ...
04.03.2008 14:25
DONG Energy takes a positive view of decision
DONG Energy is pleased to note that the Danish Competition Appeals Tribunal today remitted the Danish Competition Council's ruling from 20 June 2007 concerning the second half of 2006. ”We are delighted that the Competition Appeals Tribunal has ...
08.02.2008 13:19
DONG Energy invests in Swedish wind farm
DONG Energy has today decided to build and operate the 30 MW Storrun wind farm. The wind farm is located in the Municipality of Krokom in Jämtland in Sweden, and the total investment is expected to come to DKK 275 million. Storrun wind farm, which ...
31.01.2008 10:23
Financial calendar
DONG Energy has planned the following release dates for the interim reports and the Annual General Meeting. 11 March 2008 Annual Report 2007 24 April 2008 Annual General meeting 15 May 2008 Interim report for first quarter of 2008 15 ...
21.01.2008 07:57
Stock exchange quotation process of DONG Energy has been suspended
In continuation of the release issued today by the Ministry of Finance, from which it follows that the Minister of Finance has decided to suspend the stock exchange quotation process of DONG Energy A/S, DONG Energy's CEO Anders Eldrup comments as ...
08.01.2008 07:24
IPO and listing on the OMX Nordic Exchange Copenhagen
Following today's announcement from The Ministry of Finance of the Kingdom of Denmark, DONG Energy A/S confirms its readiness for an IPO and a listing on OMX Nordic Exchange Copenhagen A/S. The initial public offering is expected to comprise a sale ...
21.12.2007 18:05
Increase of financial forecast for 2007
In connection with the presentation of the financial statements for the third quarter of 2007, DONG Energy increased its forecast for 2007 to EBITDA of DKK 8.5 billion and profit after tax of DKK 2.6 billion. Continued high oil prices and a general ...
21.12.2007 17:24
DONG Energy sells transmission network to Energinet.dk
DONG Energy A/S today entered into an agreement with Energinet.dk on the sale of DONG Energy's 132 kV transmission network in North Zealand at a price of DKK 2 billion. DONG Energy's acquisition of the former Elsam released an obligation to ...
20.12.2007 14:15
DONG Energy to build large bioethanol plant at Kalundborg, Denmark
DONG Energy plans regarding constructing a second-generation bioethanol demonstration plant at Kalundborg is supported by a DKK 22.5 million grant from the Government's Programme for Energy research - EFP, which supports research and technological ...
18.12.2007 07:41
DONG Energy signs agreement on Dutch LNG terminal
DONG Energy has 17 December concluded an agreement with Gate terminal B.V. in the Netherlands that gives DONG Energy the option to import liquefied natural gas (LNG) to Europe in the future. The agreement provides DONG Energy import capacity up to ...
07.12.2007 13:10
DONG Energy increases stake in Norwegian hydropower
DONG Energy increases its stake in Salten Kraftsamband (SKS) in Northern Norway by 3.3 per cent to just under 24 per cent. The ownership interest in SKS is part of DONG Energy's commitment to increase its renewable energy activities. Besides its ...
03.12.2007 13:46
DONG Energy invests in UK offshore wind farms
Today, the Supervisory Board of DONG Energy has decided to construct and operate the two UK offshore wind farms, Walney Island and Gunfleet Sands II. Walney Island will have a capacity of 151 MW distributed on 42 wind turbines and is scheduled to ...
13.11.2007 08:14
Interim financial report Q3 2007
The Supervisory Board of DONG Energy A/S has today approved the interim financial report for the third quarter of 2007 with the following main items: - Third-quarter 2007 revenue was DKK 7,224 million compared with DKK 8,948 million in the third ...
18.10.2007 15:02
Inauguration of DONG Energy's Burbo Bank offshore wind farm
Today CEO of DONG Energy, Anders Eldrup, opened the Burbo Bank wind farm, located offshore Liverpool, England. UK Minister of State for Energy, Malcolm Wicks, the Danish Minister for Transport and Energy, Jakob Axel Nielsen, local government ...
12.10.2007 09:29
DONG Energy has been awarded a new offshore exploration license west of Greenland
DONG Energy A/S has been appointed operator of a new license west of Greenland. Together with the partners in the consortium DONG Energy will undertake the acquisition and interpretation of new data over the next several years in order to verify if ...
13.09.2007 11:17
Ground-breaking gas field brought online
13.09.07 The Ormen Lange field, in which DONG Energy has a 10.34 per cent stake, started producing its first gas on 13 September 2007. The period before the official opening on 6 October will be used to test the production. DONG Energy's share ...
23.08.2007 06:25
Financial Report for the first half of 2007
The Supervisory Board has today approved the interim financial report for the first half of 2007 with the following main items: First-half 2007 revenue was DKK 18,167 million compared with DKK 14,032 million in the first half of 2006. ...
07.08.2007 11:50
DONG Energy sells its Iberian renewables business to E.ON
07.08.07 DONG Energy, the North European integrated energy company, today announces that it has entered into an agreement to sell all of its shares in its Iberian renewables business, Energi E2 Renovables Ibericas, S.L. ("E2-I") to E.ON for ...
29.06.2007 08:26
DONG Energy transports Shell natural gas
29.06.07 From 1 July 2007, DONG Energy's North Sea offshore pipelines will also be transporting Shell natural gas. Today, DONG Energy and Shell signed a one-year agreement for the transportation of natural gas by Shell from the Danish Tyra field ...
16.05.2007 08:09
Financial Report - Q1 2007
16.05.07 HIGHLIGHTS First-quarter revenue was DKK 10,673 million compared with DKK 8,184 million in 2006EBITDA amounted to DKK 3,228 million compared with DKK 3,348 million. EBIT was DKK 1,991 million compared with DKK 2,831 millionProfit after ...
01.05.2007 10:54
DONG Energy and Novo Nordisk sign partnership on CO2 reduction
01.05.07 Novo Nordisk is committed to reducing its energy consumption, and a major part of the company's future electricity consumption in Denmark will be supplied by wind turbines; the Danish energy company DONG Energy will help Novo ...
01.05.2007 07:59
DONG Energy to proceed with Horns Rev 2
01.05.07 DONG Energy has decided to proceed with the development of the Horns Rev 2 offshore wind farm. The wind farm will be constructed in the North Sea off Esbjerg, which is north of the existing Horns Rev offshore wind farm. The construction ...
26.04.2007 14:52
DONG Energy Annual General Meeting held 26 April
26.04.07 At the Annual General Meeting, the report on the activities of the Company during the past year was submitted and taken as read. In addition, the shareholders approved the following items on the agenda: - Audited Annual Report - A ...
26.04.2007 12:59
All sold out again at DONG Energys Gas Release Auction
26.04.07 DONG Energy today completed the auction of 400 mill. m3 of natural gas at the annual Gas Release auction - corresponding to 10% of the Danish gas market. The auction was a success as all available volumes of natural gas were auctioned. ...
19.04.2007 12:17
DONG Energy signs contract for delivery of wind turbines for Gunfleet Sands Offshore Wind Farm
19.04.07 DONG Energy and Siemens Wind Power have signed a contract for the delivery of 30 wind turbines for Gunfleet Sands in England. The 30 wind turbines, which will be erected seven kilometers from England's east coast at the mouth of the ...
12.04.2007 07:39
Election of Board members
12.04.07 The Board of Directors of DONG Energy has on the 11th of April 2007 given notice to convene the Annual General Meeting of DONG Energy. The meeting will be held on the 26th of April 2007 at 1pm at DONG Energy's headquarters: Kraftværksvej ...
27.03.2007 07:41
DONG Energy hires VP Investor Relations
27.03.07 Steen Juul Jensen, age 39, has been hired as Vice President, Investor Relations. Steen Juul Jensen joins the company from a similar position with Lundbeck where he was responsible for both Investor Relations and Corporate Reporting. In ...
23.03.2007 09:06
Local involvement in establishment of wind turbines
Cooperation between DONG Energy and the Danish Wind Turbine Owners' Association 23.03.2007 DONG Energy and the Danish Wind Turbine Owners' Association have agreed to initiate cooperation on the establishment of onshore wind turbines and ...
19.03.2007 10:27
DONG Energy to acquire ConocoPhillips in Denmark
DONG Energy to acquire ConocoPhillips Petroleum International Corporation Denmark 19.03.2007 DONG Energy and Phillips Petroleum International Corporation have reached an agreement on DONG Energy's acquisition of the issued share capital ...
12.03.2007 18:26
Group Financial Statements 2006
Group Financial Statements 2006 12.03.2007 2006 was a highly satisfactory year. Profit benefited from high oil, gas and electricity prices. The acquired electricity companies Elsam, Energi E2, Nesa and the electricity activities from ...
05.02.2007 11:55
070205 Agreement between DONG Energy - WINGAS and Wintershall
Natural Gas Agreements between DONG Energy and WINGAS and Wintershall Erdgas Handelshaus 05.02.07 Copenhagen DONG Energy (Denmark) and WINGAS GmbH (Germany) have agreed to a 13 year natural gas swap cooperation. Both companies signed an agreement ...
18.12.2006 10:13
DONG Energy expands its UK offshore wind portfolio
DONG Energy acquires the project company which holds all rights to construction of the offshore wind farm Gunfleet Sands in England from General Electric All environmental approvals for the 100 MW offshore wind farm are in place, and the ...
28.11.2006 17:00
DONG Energy explores option for building power plant in Germany
28.11.06 DONG Energy explores option for building power plant in Germany. The project development is currently undergoing and will continue until the end of 2007. At that time an investment decision for construction of the power plant is to ...
14.11.2006 09:45
Group Financial Statement Q3 2006
14.11.2006 HIGHLIGHTS Third-quarter revenue was DKK 8,948 million compared with DKK 3,391 million in 2005. Third-quarter EBIT was a loss of DKK 231 million compared with DKK 494 million. YTD EBIT was DKK 3,577 million compared with DKK 2,943 ...
14.11.2006 08:09
New executive to join DONG Energy's Group Management
14.11.06 Lars Clausen has been appointed new Executive Vice President at DONG Energy and Managing Director of Sales & Distribution and will take office on 1 January 2007. Lars Clausen (47) comes from a position as General Manager at Shell, London ...
13.10.2006 12:58
New corporate website of DONG Energy
13.10.06 As of 13 October 2006, a new corporate website of DONG Energy are available. www.dongenergy.com turns to all interested stake holders of the company at home and abroad. www.dongenergy.dk mainly turns to the 1 million Danish customers ...
08.09.2006 09:20
DONG Energy A/S has acquired the Swedish project company Storrun Vindkraft AB
08.09.06 DONG Energy A/S has acquired the Swedish project company Storrun Vindkraft AB from the investment company Borevind AB DONG Energy yesterday signed a share purchase agreement under which DONG Energy will buy 100% of the shares in the ...
31.08.2006 13:24
New outlook from Standard & Poor's
31.08.06 New outlook from Standard & Poor's Standard and Poor's has today revised its outlook on DONG Energy A/S from BBB+ Stable Outlook to BBB+ Positive Outlook. According to Standard & Poor's the outlook revision reflects a more rapid ...
31.08.2006 13:22
Successful launch of the DONG Energy Gas Release Programme
31.08.06 Successful launch of the DONG Energy Gas Release Programme DONG Energy conducted yesterday the first gas release auction where 400 mill. m3 of natural gas, corresponding to 10 pct. of the Danish gas market, were offered. The gas ...
24.08.2006 08:54
DONG Energy sells the gas storage facility in Lille Torup to Energinet.dk
24.08.06 DONG Energy sells the gas storage facility in Lille Torup to Energinet.dk In connection with the European Commission's clearance of the merger of the energy companies DONG, Energi E2, Elsam, Nesa, Frederiksberg Forsyning and Copenhagen ...
18.08.2006 08:59
Torkil Bentzen, Executive Vice President of DONG Energy, stepping down at the end of the year
18.08.06 Torkil Bentzen, Executive Vice President of DONG Energy, stepping down at the end of the year Torkil Bentzen has elected to step down from his post as Executive Vice President of DONG Energy Renewables. Torkil Bentzen has ...
11.08.2006 09:04
New outlook from Moody's
11.08.06 New outlook from Moody's Today Moody's Investors Service changed DONG Energy A/S's credit rating for DONG Energy's senior bond (Baa1) and hybrid security (Baa3) from Stable Outlook to Positive Outlook. The change has happened, ...
22.06.2006 09:10
DONG Energy and HNG Midt-Nord Salg sign 3-year agreement
22.06.06 DONG Energy and HNG Midt-Nord Salg sign 3-year agreement DONG Energy and HNG Midt-Nord Salg have today signed a 3-year agreement on natural gas supplies effective from 1 January 2007. In December 2005 the companies agreed to adjust ...
19.06.2006 14:02
"Gazprom" to deliver gas to Denmark via North European Gas Pipeline
19.06.2006 "Gazprom" to deliver gas to Denmark via North European Gas Pipeline On June 16, 2006, Alexander Medvedev, Deputy Chairman of the Management Committee of JSC Gazprom and Kurt Bligaard Pedersen, Executive Vice President of DONG Energy ...
01.06.2006 07:53
DONG Energy's gas storage facility in Stenlille struck by lightning
01.06.06 DONG Energy's gas storage facility in Stenlille struck by lightning A lightning strike triggered a fire alarm at DONG Energy's gas storage facility in Stenlille near Sorø just after 2am last night. The lightning caused a technical ...
18.05.2006 12:42
DONG Energy wants to help develop the biofuels of the future
18.05.06 DONG Energy wants to help develop the biofuels of the future Together with other Danish companies and research centres, DONG Energy is an international leader in the development of new eco-friendly technologies for manufacture of ...
11.05.2006 13:03
DONG Energy - Gas Release Programme
11.05.2006 DONG Energy - Gas Release Programme The merger between DONG, Elsam, Energi E2, Nesa, Copenhagen Energy (electricity division) and Frederiksberg Forsyning (electricity division) - creating a new energy company, DONG Energy - was ...
05.05.2006 13:27
Elsam and DONG Energy announces early result of consent solicitation
05.05.2006 Elsam and DONG Energy announces early result of consent solicitation to exchange its existing bonds for new DONG Energy securities Elsam A/S announces initial results following the Early Consent Deadline of 4 May 2006 of its offers ...
04.05.2006 13:19
Elsam and Energi E2 streamline their power plant activities
04.05.2006 Elsam and Energi E2 streamline their power plant activities The process of preparing the merger of Elsam and Energi E2's power station activities under the name Generation in the Danish energy company DONG Energy A/S is nearing ...
02.05.2006 13:08
DONG Energy completes purchase agreements
02.05.2006 DONG Energy completes purchase agreements with the City of Copenhagen and the Municipality of Frederiksberg On 1 May 2006 DONG Energy completed the share purchase agreements with the City of Copenhagen on the acquisition of København ...
19.04.2006 14:11
DONG's Annual General Meeting held today
19.04.2006 DONG's Annual General Meeting held today At the Annual General Meeting, the report on the activities of the Company during the past year was submitted and taken as read. In addition, the shareholders approved the following items ...
14.03.2006 14:14
European Commission clearance of merger
14.03.2006 European Commission clearance of merger The European Commission has today cleared the merger of the energy companies DONG, Energi E2, Elsam, Nesa, Frederiksberg Forsyning and Copenhagen Energy (electricity activities). The ...
07.03.2006 13:43
First power generated by Barrow offshore wind farm
07.03.2006 First power generated by Barrow offshore wind farm The North West's first offshore wind farm has begun generation from its first row of turbines, 7km off Walney Island near Barrow, off the Cumbrian coast. The 30 turbine Barrow ...
28.02.2006 13:45
Dates of preliminary announcement of financial statements and press meeting
28.02.06 Dates of preliminary announcement of financial statements and press meeting DONG's annual report for the financial year 1 January - 31 December 2005 is expected to be approved by the Supervisory Board of DONG A/S on Thursday 2 March ...
22.02.2006 13:11
DONG's logo on the national football team's training gear
22.02.2006 DONG's logo on the national football team's training gear DONG's management has today decided that DONG's logo will adorn the national football team's training gear when they leave for Israel to play a friendly match on 1 March. ...
10.01.2006 14:19
Financial calendar 2006
10.01.2006 Financial calendar 2006 2 March 2006 Group financial statement full year 2005 31 March 2006 Annual report 2005 19 April 2006 Ordinary general meeting 22 May 2006 Group financial statement Q1 2006 25 August 2006 Group ...
21.12.2005 12:45
DONG and HNG Midt-Nord adjust gas sales agreement
After the Danish Competition Authority expressed concern about the existing gas sales agreement between DONG and HNG Midt-Nord Salg that runs until 2009, the companies have decided to adjust the agreement. The decision was made even though DONG does ...
03.11.2005 12:42
DONG sells parts of the Norwegian licence, PL274
DONG has sold 60 per cent of licence PL274 in the southern part of the Norwegian North Sea. DONG has entered into agreements concerning the acquisition by PA Resources Norway AS and Revus Energy ASA of a total of 60 per cent of licence PL274 ...
07.10.2005 12:39
The European Commission is expected to utilise the full timeframe for its ap-praisal of DONG's acquisition within the energy sector
DONG expects the Commission to decide, within the near future, that it will need the full timeframe for its appraisal of whether the combination of DONG, Elsam, ENERGI E2, Copenhagen Energy (electricity) and Frederiksberg Forsyning is in compliance ...
24.06.2005 12:37
DONG A/S holds Extraordinary General Meeting on Friday 24 June 2005
An Extraordinary General Meeting of DONG A/S, Birkerød Municipality (Reg. No. 36 21 37 28), will be held at the Company's offices, Agern Allé 24-26, DK-2970 Hørsholm, Denmark on 24 June 2005 at 3.00pm for the following purposes: 1. To elect a ...
21.06.2005 12:30
DONG A/S issues 2 bond offerings
DONG A/S, rated Baa1 / BBB+ (stable on both), has today issued two types of bond offerings in the European Capital market. The offering consists of the following issues: 1. A 5.5 % EUR 1.1 billion 1000 year capital security with a call date ...
06.06.2005 12:26
DONG buys the Dutch gas company Intergas Supply
DONG has entered into an agreement with Intergas Energie N.V. to buy the Dutch gas supply company, Intergas Supply for EUR 47 million. Intergas Supply has about 150,000 gas customers and 30,000 electricity customers and had a turnover of approx. DKK ...
06.06.2005 11:42
DONG strengthened in Germany
06.06.2005 Andreas Halberschmidt, 43, has been appointed Managing Director of E-nord with effect from 1 June 2005. E-nord is owned by DONG and Energie und Wasser Lübeck (EWL). Andreas Halberschmidt has a strong background in the German ...
02.06.2005 12:24
New rating from Standard & Poor's
Standard & Poor's Rating Services has today changed its long-term credit rating on DONG A/S to BBB+ from A-. The outlook is stable. At the same time, Standard & Poor's affirmed its A-2 short term corporate credit rating for the company. DONG is ...
07.05.2005 11:50
DONG rush ahead in the North Atlantic
07.05.2005 The UK State yesterday offered DONG licences to explore for oil and gas in one of the most promis-ing areas in the North Atlantic between the Shetland Islands and the Faroe Islands. The area in which DONG may be drilling covers ...
04.05.2005 11:39
Elsam's CEO, Peter Høstgaard-Jensen, to step down
04.05.2006 Elsam's CEO, Peter Høstgaard-Jensen, has announced that he will be stepping down. Sven Riskær, Chairman of DONG's Supervisory Board, says: "Peter Høstgaard-Jensen has announced that he wishes to step down as CEO of Elsam. ...
14.04.2005 12:22
DONG and Vattenfall signs Letter of Intent concerning Elsam A/S
DONG A/S and Vattenfall AB have today signed a Letter of Intent concerning the future ownership of Elsam A/S. Please refer to the enclosed Letter of Intent. The parties have no further comments for the time being, but will return when additional ...
13.04.2005 12:17
DONG held their ordinary general meeting on Tuesday 12 April 2005
At the general meeting, the report on the business of the company in the accounting year passed was noted. Moreover, the general meeting approved the following points, · Audited annual accounts · Decision on decharge for the Board and the Board ...
11.03.2005 11:25
New Managing Director of Energie und Wasser Lubeck GmbH
11.03.2005 Annie Lykke Gregersen has been appointed Managing Director of the German energy company Ener-gie und Wasser Lübeck GmbH (EWL) as at 1 April. DONG owns approx. 25 per cent of EWL's share capital. She will be working alongside the ...
10.02.2005 12:14
DONG buys shares in ENERGI E2 from four municipalities
DONG has signed agreements with Hillerød Municipality, Roskilde Municipality, Elsinore Municipality and Slagelse Municipality on the acquisition of the four municipalities' shares in ENERGI E2, equivalent to a total ownership interest of 3.63 per ...
10.02.2005 12:10
DONG and the City of Copenhagen sign agreement on Copenhagen Energy's electricity activities
DONG and the City of Copenhagen have today signed an agreement on the expected acquisition of Copenhagen Energy's electricity activities The agreement comprises approx. 400 employees in the following subsidiaries: · KE Kunde (the PSO company) ...
10.02.2005 12:03
DONG and Frederiksberg Municipality sign agreement concerning Frederiksberg Forsyning
DONG has today signed an agreement with Frederiksberg Municipality on DONG's acquisition of Frederiksberg Forsyning's electricity activities, including its 2.26 per cent ownership interest in ENERGI E2, for a total price of DKK 1 billion. The payment ...