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SEAS-NVE acquires Radius in billion-kroner transaction


Case info

The energy and fibre-optic group SEAS-NVE has acquired Ørsted's electricity distribution business (Radius), retail customer business and exterior lighting for DKK 21.3bn on a cash and debt-free basis.

The acquisition means that SEAS-NVE may push the energy system in an even greener direction. As a result of the acquisition, SEAS-NVE is strengthened by 750 employees from Ørsted.

Read more about the transaction here (Danish).

Mads Kjellerup Dambæk, Jacob Nygaard and Claes Holm-Nielsen advised in connection with the financing of SEAS-NVE's acquisition of Radius.


Contact

Mads Kjellerup Dambæk
Mads Kjellerup Dambæk

Partner, Attorney-at-Law, M.Fin.

Mobile: +45 3078 6646
mads.dambaek@accura.dk

Jacob Nygaard
Jacob Nygaard

Associate Partner, Attorney-at-Law

Mobile: +45 3078 6636
jacob.nygaard@accura.dk


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