Dong enters joint venture with Dutch company

Danish energy major Dong will look into opportunities for expanding its somewhat overlooked business in the Netherlands. However, this has not been easy to do in the past.

Photo: DONG Energy

Last Wednesday, Dong Energy announced in a press release that it had signed a joint venture agreement with the Dutch company Cure Afvalbeheer.

Although this might result in a plant worth EUR 85 million, the statement did not make a big stir. This could be due to the fact that less than one day later, the Danish utility made the much bigger announcement that it had divested its oil division. The joint venture is named "Cure Dong Energy REnescience BV" and the partnership concerns one of Dong's business areas which generally does not receive as much attention as offshore wind.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Ørsted aims to be number one on carbon capture

The utility hopes to win the Danish carbon capture and storage tender with a plan to capture 400,000 tonnes of CO2 by 2025 from the company’s biomass-fired combined heat and power stations.

Nordex downgrades forecast

The German turbine manufacturer has had a rougher start to 2022 so far than expected, prompting the company to downgrade guidance by EUR 200m at minimum.

Further reading

Related articles

Latest News

See all jobs