DONG Energy commits to clean energy and plans sale of oil & gas sector

By Michelle Froese DONG Energy has confirmed media speculation that it is considering selling its oil & gas business to concentrate on offshore wind development.
In response to recent speculation, DONG Energy has confirmed that it is reviewing strategic options regarding the future of the oil & gas business.
In connection with its IPO, the company said that it intends to build a world-class clean-energy company with a portfolio based on leading competences in offshore wind, bioenergy, and green distribution and customer solutions.
J.P. Morgan has been engaged to conduct a preliminary market assessment. However, DONG Energy has not made a decision to divest the oil

Read Full Article Here

For more great articles: Windpower Engineering & Development

(Visited 29 times, 1 visits today)



© 2014 RenewaNews