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 into operation in 2009 and one in 2010. The total anticipated
investment is DKK 185 million.
“At Avedøre Holme you will, in the future, be able to see efficient energy
production from a high-efficient multi-fuel power plant alongside renewable
energy in its best form. The image of the windmills and Avedøre Power Station
will thus be a significant landmark for Denmark in connection with the climate
summit in Copenhagen next autumn", says DONG Energy CEO Anders Eldrup.
The project is to function as a demonstration area and provide DONG Energy with
the opportunity to assess and demonstrate new technologies, and thus gain
insights into the windmills' suitability for future offshore projects.
In connection with the building of the three new windmills between 20 and 100
metres out to sea, 13 old windmills - which are situated on land and have a
combined capacity of less than 5 MW - will be disassembled.
The project has received an establishment permit from the Danish Energy Agency
and DONG Energy expects to begin construction work in January 2009.
The subject of this announcement will not alter DONG Energy's expected
financial results for the 2008 financial year, which, as previously announced,
are expected to be significantly higher than 2007, when EBITDA reached
DKK 9.6 billion and results after taxes totalled DKK 3.3 billion.
For further information, please contact:
Steen Juul Jensen
+45 9955 9724
+45 9955 2023
DONG Energy is one of Northern Europe's leading energy groups. We are
headquartered in Denmark. Our business is based on procuring, producing,
distributing, trading and selling energy and related products in Northern
Europe. The company delivered revenue of DKK 41.6 billion in 2007 (approx. EUR
5.6 billion or USD 8.3 billion). DONG Energy has more than 5,000 employees. For
further information, see www.dongenergy.com.