Ørsted officially halts Radius sale

Danish utility Ørsted is now halting the sale of Radius, but will hunt for other opportunities.

Photo: Ørsted PR

The board of Danish utility Ørsted announced Monday evening CET that it will halt the sales process of its distribution system operator, Radius, which serves over one million electricity customers in the Danish Zealand region.

This follows after political support for the sale was pulled, after the Danish Social Democratic Party announced that it no longer backed the move.

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