Orsted - Denmark says no more support for divestment in distribution and residential

A support vessel is seen next to a wind turbine at the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain September 5, 2018. REUTERS/Phil Noble - Copyright PHIL NOBLE(Reuters)

By Reuters

Published on 13/01/2019 - 18:04•Updated 23/04/2024 - 10:56

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COPENHAGEN (Reuters) - Danish energy company Orsted, 50.1 percent owned by the state and formerly known as Dong Energy, said on Sunday that the Finance Ministry had told it there was no longer political support for continuing divestment of its power distribution and residential customer businesses.