Dong Energy IPO to value windfarm operator at £11bn

Discussion in 'Market News' started by Lily, May 26, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    Danish firm that is major investor in UK offshore windfarms expects to sell up to 17% of shares in year’s biggest float so far

    Dong Energy, a major investor in British offshore windfarms, is heading for the world’s biggest stock market flotation so far this year with a price tag for the entire business of 106.5bn kroner (£11bn).

    The Danish-based group, which has been a flag carrier for companies moving from fossil fuels to renewable energy, expects to sell up to 17% of its shares, each priced between 200 and 255 kroner.

    Related: British windfarms a boom for Danish firm

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