Uncertainty regarding Danish grid sale moves closer to sell-by date

The Danish Utility Regulator has postponed its work on the upcoming saving requirements for Danish grid companies. The result is that all potential bidders on Ørsted's electricity grid have to put up with uncertainty regarding revenue basis in the business for another two months.

Photo: Ritzau Scanpix/Mads Claus Rasmussen

The Danish Utility Regulator has chosen to postpone the implementation of a number of cost cutting measures for the Danish electricity grid companies. This decision may impact the current sale of Danish utility Ørsted's electricity grid, Radius.

The new regulations were originally intended to come into force from Jan. 1, 2019, but have so far been postponed two months.

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