Dong 'more confident' in UK offshore

Poulsen said the UK is a market in which Dong can continue to do business

Poulsen said the UK is a market in which Dong can continue to do business

The CEO of Denmark’s Dong Energy said the offshore wind giant has seen its confidence in the UK regulatory regime “increase quite considerably” in recent months.

Henrik Poulsen told financial analysts the UK is a market where Dong believes it can continue to “invest quite considerably” following recent policy developments.

Poulsen was asked if Dong’s decision to sell a 25% share of the operating first phase of the London Array offshore wind farm – halving its stake – reflected a lower confidence in the UK as an investment opportunity.

The Dong CEO said the two were unconnected. “I would actually say our confidence in the UK regime has improved quite considerably in the last four or five months.”

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