Dong Energy divests Polish wind business

24 February 2013


The Danish energy company has signed agreements with PGE and Energa to sell its business for a total of PLN1 billion (DKK1.8 billion).

PGE and Energa will acquire separate parts of the business, which has a leading position in the development and operation of onshore wind energy projects in Poland.

The sale is part of Dong's strategy to dispose of assets with a combined value of DKK10 billion over the next two years to help fund other activities.

Dong's onshore wind energy business in Poland includes three operational wind farms with a total installed capacity of 111 MW and a development portfolio of 700 MW.

The company is expected to focus on offshore wind energy development in other parts of Europ



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