Danske Commodities continues UK offensive

Energy trader Danske Commodities has entered a 15-year PPA with the UK's offshore wind farm Dudgeon and thereby expands its portfolio by 281 MW.

Danske Commodities, led by CEO Helle Østergaard Kristiansen, is expanding its business with yet another offshore wind farm. | Photo: Jan Dagø/JPA

Equinor-owned energy trader Danske Commodities will now manage 1.3 GW in the UK. The company has entered a new long-term power purchase agreement on the British market – this time with Dudgeon Offshore Wind Farm – and thus expands its portfolio with 281 MW, informs Danske Commodities in a statement.

"We have signed on to balance and trade 281 MW generated from Dudgeon offshore wind farm, making this Danske Commodities' fourth long-term PPA in the UK market. Together with Equinor, we are growing our portfolio and making renewables a profitable business – one project at a time," writes Danske Commodities Chief Executive Helle Østergaard Kristiansen.

Read the whole article

Get 14 days free access.
No credit card required.

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

GE loses USD 151m from wind division

Uncertainty, supply chain pressure and delays among customers all factor into dwindling profits from onshore wind for the US-based OEM, still showing losses on offshore wind and now downgrading its full-year guidance.

Equinor has never made this much money

The Norwegian oil giant soars skyward with its best adjusted earnings item on record following a recovery in commodity prices. Though it remains important to monitor fluctuations, CEO warns.

Further reading

Related articles

Trial banner

Latest News

See all jobs