In Denmark, biogas technology provider and plant operator Bigadan A/S and energy utility major Ørsted have signed an agreement whereby Bigadan is to take over Ørsted’s 40 percent ownership interest in the Kalundborg Bioenergi A/S biomethane-to-grid plant. The value of the transaction has not been disclosed.
According to Ørsted, the decision to divest its stake in Kalundborg Bioenergi, which was commissioned in June 2018, has been taken following strategic decisions that reduce the two existing business units in size including the planned divestment of the Danish power distribution, retail customer business, and oil and gas infrastructure assets as well as activities that have been discontinued or transferred to other parts of the company.
Organizational shuffle
Ørsted also announced that Morten Buchgreitz has been appointed Executive Vice President of Markets & Bioenergy. In connection with these changes, current EVP of Bioenergy, Thomas Dalsgaard, will leave Ørsted.
Commenting on the move Thomas Dalsgaard remarked that it has been “a fantastic journey with Ørsted over the past ten years where we’ve transformed the company from a traditional coal, oil and gas company to a global leader in green energy. I’ve completed my part of the mission and now feel that it’s time to try something new.”
Thomas Dalsgaard has spearheaded a successful transformation of Ørsted’s Danish heat and power generation activities, including an extensive green transition from coal and gas to sustainable biomass at Ørsted’s large combined heat and power (CHP) plants in Denmark. He has also contributed to the development of Ørsted’s first activities in the fields of energy storage and solar PV.
I would like to thank Thomas for his great contribution to the recovery and transformation of Ørsted over the past ten years. Thomas has had a significant and successful impact on our Danish business while also launching new growth initiatives. It’s been a pleasure to have him on the team. I wish him all the best in the future, said Henrik Poulsen, President & CEO, Ørsted.
