Dong Energy and Siemens enter DKK 20bn deal on offshore wind turbines  

2009.03.10
Denmark's DONG Energy, one of Northern Europe's leading energy groups, and Siemens Energy Sector have entered into the world's largest offshore wind turbine agreement
Denmark's DONG Energy, one of Northern Europe's leading energy groups, and Siemens Energy Sector have entered into the world's largest offshore wind turbine agreement, writes national daily newspaper Berlingske Tidende. Siemens is to supply 500 wind turbines of 3.6 MW for DONG Energy's planned offshore wind farms in northern Europe. The order is reported to be worth DKK 20bn (USD 3.4bn).
 
DONG Energy CEO Anders Eldrup says in a press release: "DONG Energy has constructed around half of all offshore wind farms in operation around the world today. To enter the largest single offshore wind turbine agreement further strengthens DONG Energy's leading position in this field and gives us an important tool for implementing our strategy of a significant expansion of DONG Energy's position in renewable energy".
 
Andreas Nauen, head of Siemens Wind Power A/S, told national daily newspaper Berlingske Tidende: "This agreement with DONG will cement Siemens Wind Power's position as the world's leading offshore [wind turbine] supplier. At the same time as providing us with a very strong position, the order will also ensure a very stable foundation for our Danish factories. In the short term up to 500 wind turbines do not however mean that Siemens will employ more people in Denmark."
 
DONG Energy is headquartered in Fredericia, Denmark. The energy group bases its business on procuring, distributing, trading and selling energy and related products in Northern Europe. In 2007, DONG Energy generated revenues of DKK 41.6bn (USD 8.3bn).
 
Siemens entered the wind turbine industry in December 2004 through the acquisition of Bonus Energy, which at the time was Denmark's oldest wind turbine manufacturer and the world's fifth largest. Siemens Wind Power A/S is part of Siemens Energy and employs more than 5,000 people worldwide, of whom 3,900 are working at the company's three Danish locations in Brande, Aalborg and Engesvang.
 
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