Danish electricity supplier SE secures funds for new acquisitions

Despite SE's DKK 1.3 billion impairment on its acquisition of cable provider Stofa, CEO Niels Duedahl is ready for further expansion this year. However, offshore wind is being scrutinized.

by SØREN SPRINGBORG

An impairment worth DKK 1.3 billion (EUR 175 million) on SE group's acquisition of Danish cable and internet provider Stofa from five years ago, has tarnished an otherwise record report for the Danish firm.

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