DONG Energy has, together with its co-owners of the Swedish company Swedegas,
reached an agreement to sell its shares to EQT Infrastructure Fund. DONG Energy
owns 20.4% of the shares in Swedegas. The other owners are Statoil ASA, Fortum
and E.on Ruhrgas.
Swedegas is the main energy gas transmission company in Sweden. The company's
transmission network is located on the west coast of Sweden, covering 390 km
from Dragør in Denmark to Stenungsund in Sweden. In 2008 the company`s sale
revenues were SEK 218 mio. (approximately EUR 21 million). The company has 24
employees. Swedegas' headquarter is located in Gothenburg.
The sale of Swedegas is part of DONG Energy's overall optimization of the
The completion of the transaction is subject to the approval of competition
authorities of Sweden which is expected within 2010. DONG Energy will generate
a small profit from the divestment of the shares in Swedegas AB, which will be
reflected in the forecast for the profit after tax for the financial year 2010.
As the approval from the Swedish competition authorities is not expected in
2009 the transaction will not change the previous financial guidance for the
financial year 2009 or the expected investment level.
For further information, contact:
+45 9955 9560
Morten Hultberg Buchgreitz
+45 9955 9750
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 6,000 employees and generated more than DKK 60 billion (EUR
8.2 billion) in revenue in 2008. For further information, see