Dong Energy A/S completed the sale of a 50 percent stake in its Borkum Riffgrund 1 offshore wind power project in Germany to Kirkbi A/S, parent company of Lego Group, and the Oticon Foundation.
The Danish utility finalized the 4.7 billion kroner ($790 million) transaction for the 277.2-megawatt project after competition authorities approved the deal, it said today in a statement. The sale was announced on Feb 23.
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