M&A Deal Summary

DONG Energy AS Acquires Karcino Wind Farm

On May 1, 2009, DONG Energy AS acquired renewable energy company Karcino Wind Farm for 162M EUR

Acquisition Highlights
  • This is DONG Energy AS’s 3rd transaction in the Renewable Energy sector.
  • This is DONG Energy AS’s 2nd largest (disclosed) transaction.
  • This is DONG Energy AS’s 1st transaction in Denmark.

M&A Deal Summary

Date 2009-05-01
Target Karcino Wind Farm
Sector Renewable Energy
Buyer(s) DONG Energy AS
Deal Type Add-on Acquisition
Deal Value 162M EUR

Target

Karcino Wind Farm

Denmark
Karcino wind farm provides wind power generation services and will have a capacity of up to 51 MW.

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Buyer(S) 1

Buyer

DONG Energy AS

Fredericia, Denmark

Category Company
Founded 1972
Sector Oil/Gas Exploration
Employees6,379
DESCRIPTION

DONG Energy is one of the energy groups in Northern Europe. Our business is based on procuring, producing, distributing and trading in energy and related products in Northern Europe.


DEAL STATS #
Overall 3 of 4
Sector: Renewable Energy M&A 3 of 3
Type: Add-on Acquisition M&A Deals 2 of 3
Country: Denmark M&A 1 of 2
Year: 2009 M&A 2 of 3
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-01-01 Westermost Rough Offshore Wind Power Project

United Kingdom

Westermost Rough Offshore Wind Power Project,produces,Wind power generation business, 210MW (Siemens 6MW turbine x 35 units).

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-06-25 A2SEA A/S

Fredericia, Denmark

A2SEA A/S provides offshore wind transport, installation and service solutions at a wide variety of locations. Company specialise in providing the offshore wind industry with safer, sustainable, and more cost-efficient operations through know-how, seamless integration of installation and service solutions, and quality of performance.

Buy €168M