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Dong Energy IPO to value windfarm operator at 11bn
2016-05-26 18:42:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Danish-based Dong Energy, a major investor in British offshore windfarms, is heading for the worlds biggest stock market flotation so far this year with a price tag for the entire business of 106.5bn kroner (11bn). The 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. The Copenhagen government, which owns 59% of Dong, said it wanted to retain a controlling half stake...
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Category:Electronics and Electrical