Offshore wind giant Dong Energy has officially completed its initial public offering.
The developer today received confirmation that none of the termination or withdrawal rights of the Kingdom of Denmark, New Energy Investment or the underwriters have been invoked.
This means that the admittance to trading and official listing of its shares in the Nasdaq Copenhagen has become unconditional, it said.
The offering is now complete and the shares – other than those comprising the over allotment option – have been allocated to investors.
The stock started trading on 9 June, representing about 17.4% of the company.
Investors snapped up all available shares in the IPO, setting its valuation at over £10.3bn.
Image: Dong
