EnergyWatch

Ørsted to sell its distribution and private customer division

The Danish utility has initiated a structured sales process concerning its power distribution and private customer dovosopm, according to a statement issued by the company Tuesday morning.

Photo: Atlas Copco

Denmark's largest utility might become an entirely different type of energy company in the future.

Ørsted writes in a statement to NASDAQ Copenhagen Tuesday morning that it will initiate a "structured sales process concerning the company's Danish power distribution and private customer division," and this may be the first step in the direction of selling off parts of its largest business division measured in revenue.

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