The Goldman Sachs controlled entity New Energy Investment has sold 6.3% of its shares in Dong Energy equivalent to a total of 26,500,000 shares.

The shares have been sold to institutional investors in an accelerated bookbuild offering at a price of DKK 245 per share equaling gross proceeds of DKK 6.49 billion.

Upon the sale, New Energy Investment holds 29,444,742 shares in Dong Energy corresponding to 7% of the total share capital.

Bruun & Hjejle acted as legal counsel to the seller, New Energy Investment, a Luxembourg company indirectly owned by entities under the control of the Merchant Banking Division of The Goldman Sachs Group, Inc.