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 sell
the transmission network to Energinet.dk
“With the divestment of the transmission network to Energinet.dk we have now
fulfilled the demands and obligations that we were prescribed in connection
with the merger of the six energy companies”, says CEO Anders Eldrup, DONG
Energy.
The transmission network will prior to the sale be spun off into a new company
and thus the sale is not expected to be completed until after the first quarter
of 2008.
The sale of the transmission network is estimated to generate an accounting
gain after tax of DKK 0.5 billion, which will be recognised in the income
statement for 2008.
For further information, please contact:
Media Relations
Louise Münter
+45 6155 8771
Investor Relations
Steen Juul Jensen
+45 3057 8882