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DKK11 billion investment in Dong Energy

Goldman Sachs and Danish pension funds Arbejdsmarkedets Tillægspension (ATP) and PFA Pension Forsikringsaktieselskab (PFA) plan to invest a total of DKK 11 billion in Dong Energy A/S.

“Dong Energy has an exciting and profitable growth potential,” said Henrik Poulsen, Dong Energy’s CEO. “With the injection of new equity, we have almost fully delivered on our financial action plan and have thus secured the necessary platform for pursuing our ambitions for the coming years.”

“Dong Energy is one of the leading energy companies in northern Europe,” said Andrew Wolff, head of Goldman Sachs merchant banking division for Europe, Middle East Africa and co-head of Asia. “Henrik Poulsen and his team are world class managers and have set ambitious goals for the company. We believe in this vision and are excited to work with the company and the Danish State to help grow the business and provide environmentally friendly energy and infrastructure for European markets.”

 

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