DONG Energy withdraws from project exploring the opportunities to build a power station in Greifswald in Germany.
DONG Energy inaugurates Inbicon near Kalundborg, one of the world’s first demonstration plants for the production of second-generation bioethanol based on straw and similar waste products.
Fibre optic network sold to TDC.
DONG Energy and Gazprom sign a contract for Gazprom to deliver 1 billion m3 of natural gas per year via the Nord Stream pipeline in the Baltic Sea for a period of 18 years starting from 2012. The natural gas is to be delivered at the Danish-German border.
Due to declining demand for electricity DONG Energy decides to shut down Unit 5 at Asnæs Power Station and Unit 4 at Studstrup Power Station.
DONG Energy acquires 83.57% of the shares in the German wholesale trading company KOM-STROM AG in Leipzig.
Inauguration of the Horns Rev 2 offshore wind farm, which is located 30 km off Blåvands Huk on the west coast of Denmark. With a capacity of 209 MW, this is the world’s largest offshore wind farm.
DONG Energy decides to build and operate the Nygårdsfjell 2 wind farm in Narvik in Norway.
DONG Energy acquires A2SEA, a specialist shipping company specialising in the installation of offshore wind turbines and foundations. The company owns four installation vessels.
DONG Energy and partners E.ON and Masdar decide to build the world’s largest offshore wind farm, London Array (630 MW), in the Thames Estuary.
DONG Energy decides to build the Walney 1 and 2 offshore wind farms in the Irish Sea.
DONG Energy and Siemens Energy Sector sign an agreement for the supply of up to 500 offshore wind turbines with a total capacity of up to 1,800 MW. The wind turbines will be installed on DONG Energy’s coming offshore wind farms in Northern Europe.
DONG Energy is awarded its first two licences, including one as operator, in the Barents Sea off the northern coast of Norway. 3D seismic data will be acquired during the summer.
DONG Energy’s decides to sell its stakes in Frederiksberg Forsyning A/S and Frederiksberg Forsynings Ejendomsselskab.
DONG Energy decides to build a large second-generation bioethanol plant in Kalundborg.
CARE Danmark and DONG Energy sign a collaboration agreement on the development of energy projects that reduce CO2 emissions while at the same time helping people in Ghana and Vietnam.
DONG Energy participates as operator of exploration in West Greenland. Seismic surveys are performed in 2008.
DONG Energy decides to build and operate the Karnice 1 onshore wind farm in Poland. The farm will have a total capacity of 30 MW.
First sod cut at Gate Terminal in Rotterdam, which is designed to handle liquefied natural gas (LNG). DONG Energy is a partner in the international consortium that owns the terminal. DONG Energy will have more than 3 billion m3 (36.5 TWh) of the terminal’s capacity at its disposal for 20 years starting from 2011, equivalent to 25% of the terminal’s total import capacity.
DONG Energy sells its Greek wind power activities.
DONG Energy decides to build and operate the Storrun wind farm in Krokum in Sweden. The farm will have a capacity of 30 MW.
The IPO of DONG Energy is suspended.
DONG Energy agrees to sell its 132 kV electricity transmission network in North Zealand to Energinet.dk as part of the restructuring of the Danish electricity sector. The selling price is DKK 2 billion.
DONG Energy signs an agreement on a Dutch LNG terminal.
A decision is made to build two new offshore wind farms - Walney Island and Gunfleet Sands II. The farms will have a net capacity of 151 MW and 65 MW respectively and are scheduled for operation in 2010. The total investment is expected to amount to DKK 5.2 billion.
DONG Energy inaugurates the Burbo Bank offshore wind farm in the UK.
Inauguration of the Ormen Lange field, of which DONG Energy owns 10%.
DONG Energy divests its Spanish renewables portfolio (former subsidiary of Energi E2) to E.ON. The selling price is EUR 722 million.
DONG Energy builds a further Danish offshore wind farm - Horns Rev II. The farm will have a net capacity of 209 MW and is scheduled for operation in 2009. The investment is expected to total DKK 3.5 billion.
DONG Energy increases its stake in the Hejre field from 20% to 50% by acquiring ConocoPhillips Petroleum’s E&P activities in Denmark.
DONG Energy and Wingas in Germany agree to collaborate on gas exchange for the next 13 years.
DONG Energy announces the sale of the Lille Torup gas storage facility to Energinet.dk, effective from May 2007. The selling price is DKK 2 billion.
The DONG Energy merger is complete. 27% of the shares in DONG shift from the Danish State to nine utility companies. Their ownership of assets involved in the merger puzzle make them shareholders in the new DONG Energy.
EU competition authorities approve the merger plans that will result in the creation of DONG Energy. The approval is conditional upon the divestiture of one of DONG’s two gas-storage facilities. The 132 kV transmission grid in northern Zealand also has to be divested.
Vattenfall, which owns 35 % of the shares in Elsam, and DONG announce that they plan to split assets in Elsam and Energi E2. Three central plants (Amagerværket, Fynsværket and Nordjyllandsværket), two decentralised gas-fired plants in Zealand, a portfolio of Danish and international wind activities, and a 30% stake in a German wind development is transferred to Vattenfall. DONG receives Vattenfall’s 35% stake in Elsam and 40% stake in the Avedøre 2 power plant.
DONG purchases Københavns Energi’s (KE) electricity activities. The agreement includes KE’s 34% share of Energi E2. The combined cost will be DKK 10.5 billion.
DONG also purchases Frederiksberg Forsyning and their 2.26% stake in Energi E2 for DKK 1 billion in cash, plus 3.63% of the shares in Energi E2 from four municipalities DKK 617 million in cash.
On 10 December, DONG and Elsam announce their planned merger.
DONG purchases additional shares in Elsam through EnergiGruppen Jylland, bringing the total DONG share to around 24%.
DONG increases its share in Elsam to 17.7%, an increase of 8.9%.
EnergiGruppen Jylland buys approximately 6% of the shares in Elsam, bringing its stake to roughly 9%.
Elsam acquires 78.8% of NESA at a price valuing NESA at DKK 10.5 billion, subsequently leading to the purchase of NESA.
DONG acquires a 64% share in EnergiGruppen Jylland, which owns 3.1% of Elsam.
DONG buys Statoil’s explorations and production activities in Denmark and becomes the operator of the Siri field. The company buys 16% of the shares in the electric company NESA. DONG becomes the lead investor in the venture foundation “New Energy Solutions”, focusing on renewable energy and new energy forms.