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Dong Energy Valued at $15 Billion in Copenhagen I.P.O.

June 9, 2016

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Dong Energy, the Danish utility and the world’s largest offshore wind energy operator, said on Thursday that it was valued at 98.2 billion Danish kroner, or about $15 billion, in its initial public offering in Copenhagen.

The share sale is the largest initial public offering in Europe this year.

Dong Energy said that it priced its offering of 72.8 million shares on Nasdaq in Copenhagen at 235 kroner a share, at the upper end of its expected range.

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