Ørsted sells Danish DSO Radius
![Photo: Radius](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article11624946.ece/ALTERNATES/schema-16_9/doc775p82kaficy4n67f7o.jpg)
Ørsted's drawn out process of selling its capital region distribution system operator Radius is now complete. Ørsted and local, customer-owned energy company Seas-NVE have singed a deal to sell the DSO and associated businesses for DKK 21.3 billion (EUR 2.85 billion) to be paid in cash. The transaction is pending approval from anti-trust authorities and the Danish Energy Agency, expected to be settled during the first half of 2020, Ørsted informs a stock exchange notice.
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