EnergyWatch

Sale of Ørsteds DSO-division causes anxiety in Danish Parliament

Political signals surrounding the forthcoming sale of Ørsted's domestic distribution system operator, Radius, are becoming stronger and stronger. A governing coalition support party now directly warns about selling to foreign companies.

Photo: Ritzau Scanpix/Mads Claus Rasmussen

Political winds are increasingly blowing toward blocking the sale of greater metropolitan Copenhagen's grid to a buyer from abroad.

Ørsted put its distribution system operator (DSO) up for sale this summer due to the company's aim to focus on its global offshore wind energy business. The field of potential buyers is swarming with international bidders, a number of which last week submitted so-called non-binding bids for Radius – a transaction expected to be be worth billions of euros.

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