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Acquisition of DONG Gas Distribution

MHS Corporate Finance acted as financial advisor and exclusive M&A advisor in connection with Energinet.dk’s acquisition of DONG Gas Distribution A/S.

Energinet.dk acquired DONG Energy’s 100% ownership share in DONG Gas Distribution A/S and related operational activities for a total consideration of DKK 2.3 billion. The transaction was signed on 10. May 2016 and closing is expected on 30. September 2016.

Enterprise value: DKK 2,325 million

For more information about the transaction, please visit here.

About Energinet.dk
Energinet.dk, a state owned company headquartered in Fredericia, is engaged in the ownership, operation, and maintenance of transmission systems for electricity and natural gas.
Energinet.dk is a non-profit enterprise owned by the Danish Ministry of Energy, Utilities and Climate, and the Danish consumers contribute to Energinet.dk’s activities via their electricity and gas bills.

For further information, see http://www.energinet.dk/DA/Sider/default.aspx

About DONG Gas Distribution A/S
DONG Gas Distribution A/S is a grid company, responsible for the transport of gas to about 122,000 customers in Southern Jutland as well as Western and Southern Zealand.

About DONG Energy A/S
DONG Energy is one of the leading energy groups in Northern Europe, headquartered in Denmark. Around 6,700 ambitious employees are engaged in developing, constructing and operating offshore wind farms; generating power and heat from our power stations; providing energy to residential and business customers; and producing oil and gas. Group revenue was DKK 71bn (EUR 9.5bn) in 2015.

For further information, see www.dongenergy.com