Connect with us

Hi, what are you looking for?


Clean Power

DONG Energy Launches Largest IPO This Year

Danish wind energy giant DONG Energy has launched the largest Initial Public Offering so far this year, with shares jumping 10% during the company’s opening hours of trading.

DONG Energy has long been hinting at an Initial Public Offering (IPO), and in May announced its official intention to proceed, suggesting that it could move as early as this summer. Adhering almost to the letter of its hints, DONG Energy launched its IPO on Thursday, pricing its shares at DKK 235 per share. However, in early trading that number jumped 10% to DKK 259 per share, valuing the group at DKK 108 billion ($16.5 billion), making it the largest IPO so far this year.

“I’m pleased with the positive feedback received from investors all around the world and the trust they have shown us by becoming shareholders in DONG Energy,” said Henrik Poulsen, CEO of DONG Energy. “We’ll work hard to deliver on their expectations as we continue to lead the transition to a more sustainable energy system. All DONG Energy employees should take pride in having built one of the fastest growing, greenest, and most innovative energy groups in Europe.”

“As a representative of the majority shareholder, I’m pleased to see that there has been a lot of interest in becoming part of the ownership of Dong Energy, both among retail and professional investors,” said Claus Hjort Frederiksen, Denmark’s finance minister. “It gives Dong Energy a solid foundation to retain and develop its position as one of the leading green energy companies in the world.”

Appreciate CleanTechnica’s originality and cleantech news coverage? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.

Don't want to miss a cleantech story? Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!

Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Written By

I'm a Christian, a nerd, a geek, and I believe that we're pretty quickly directing planet-Earth into hell in a handbasket! I also write for Fantasy Book Review (, and can be found writing articles for a variety of other sites. Check me out at for more.


You May Also Like

Clean Transport

I’ve followed the European electric car and EV charger market for a decade. We’ve hosted conferences on EV charging within Europe. Nonetheless, I was...

Clean Power

Siemens Gamesa is ready to begin testing the world's largest wind turbine blade, which is 115 meters long and fully recyclable.

Clean Power

Probably the most ambitious agreement on renewable energy ever was signed today on the harbor of the city Esbjerg in Denmark. It’s called The...


Welcome to the 8th Annual Top 10 EV Countries List! By Assaf Oron Sigh. Nowadays there’s always chance for breaking bad news to overshadow...

Copyright © 2021 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.