The Danish state is the biggest single shareholder in DONG Energy. That is the situation today – and that will still be the situation after the IPO.
The Danish state is the majority shareholder in DONG Energy.
The state owns 58.8% of DONG Energy, while since the capital injection in 2014, New Energy Investment (New Energy Investment S.á.r.l is indirectly owned by entities under the control of the Merchant Banking Division of The Goldman Sachs Group, Inc.), has held 17.9% of the shares in the company.
The Danish pension funds ATP and PFA Pension joined the circle of owners together with New Energy Investment (New Energy Investment S.á.r.l is indirectly owned by entities under the control of the Merchant Banking Division of The Goldman Sachs Group, Inc.), and hold 5% and 2% of the shares, respectively, while the customer-owned electricity company SEAS-NVE owns a 10.8% stake in the company. The remaining shares – 12.5% – are in the hands of minor shareholders including regional Danish electricity companies and employees in DONG Energy.
The Danish state will, according to the political agreement, remain the majority shareholder in the company following the IPO, retaining 50.1% of the shares.
After the IPO, DONG Energy will remain a Danish company with a million Danish customers. Our head office will still be in Denmark, and our activities will remain focused on Denmark and North-West Europe, In our Wind Power business we also have projects at the development stage in the USA.