Dong divests half of a German wind farm and increases guidance

50 percent of the German offshore wind project Borkum Riffgrund 2 will be sold to Global Infrastructure Partners in a transaction worth EUR 1,170 million. Dong's executive management increases EBITDA guidance in the wake of the sale.

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Crack and explosion show risks of Europe's aging energy networks

A crack was discovered on the Forties Pipeline System in Scotland, while an explosion cost one fatality and injured at least 18 people at a gas plant in Austria. Repairs and concerns about dangerous incidents will only become more common in Europe's oil and gas infrastructure.

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