Martin Hintze, Goldman Sachs’ newly-installedrepresentative on the board of the world’s biggest offshore wind developer,told newspaper Borsen that it is fully behind Dong’s stated aim to drive costsdown by up to 40% by 2020.

Speaking a month after Goldman finalised its purchase ofa 19% stake in Dong for DKr8bn ($1.5bn) – amid controversy in Denmark – Hintzetold the Danish daily that cost reduction is a top priority for the investmentbank.