DONG Energy has bought the Polish onshore wind farm project Karcino from the Eurotrust A/S-owned company Aktiv Wind ApS. The project is to have a capacity of up to 51 MW. The wind farm is expected to commence operations in 2010, and the overall construction budget totals around DKK 600 million including DONG Energy's cash purchase price for the shares, provisionally calculated to be DKK 38 million. ”The purchase of the Karcino project consolidates DONG Energy's position in Poland, where there are good opportunities for wind power production and appealing payment conditions. We are therefore pleased to be able to initiate the construction of our third wind farm in the country. The project is a step in our strategy to develop the renewable energy sources,” says Anders Eldrup, CEO of DONG Energy. The required official authorisation and building permits have already been issued for the wind farm, which is situated in the north-western corner of Poland near the Baltic Sea. In Poland, DONG Energy already operates the Lake Ostrowo wind farm, and is currently building the Karnice I wind farm. Both wind farms have a capacity of around 30 MW, and both are situated in the same region as Karcino. Aside from the Polish-based projects, DONG Energy is working on the construction of the Swedish onshore wind farm Storrun (30MW), the Danish offshore wind farm Horns Rev 2 (209 MW), as well as the British offshore wind farms Gunfleet Sands I + II (108 and 64 MW) and Walney I (183 MW). The content of this release does not alter the expected financial result for the 2009 financial year or the expected level of investment announced by DONG Energy on 6 March 2009. For further information, please contact: Investor Relations Morten Hultberg Buchgreitz +45 9955 9750 Media Relations Andreas Krog +45 9955 2023 DONG Energy is one of the leading energy groups in Northern Europe. We are headquartered in Denmark. Our business is based on procuring, producing, distributing and trading in energy and related products in Northern Europe. We have approximately 5,500 employees and generated more than DKK 60 billion (approx. EUR 8.2 billion) in revenue in 2008. For further information, see www.dongenergy.com.
DONG Energy consolidates its position in Poland