9 september, 2026

Andel sells Ørsted shares worth approx. DKK 3 billion to sharpen its focus on electrification

May not be released, published or distributed, in whole or in part, directly or indirectly, in or into the United States, Canada, Japan or Australia, or in any jurisdiction where doing so would be unlawful. 

Following significant progress at Ørsted, Andel is selling shares worth around DKK 3 billion to support its strategic focus on accelerating the electrification of Denmark. Through 2030, the proceeds will strengthen Andel’s capacity to invest primarily in electricity grid and EV charging infrastructure, with the aim of maximising the impact of its investments on the green transition while strengthening security of supply.

In 2025, the energy and fibre network group Andel made an extraordinary DKK 3 billion investment in new Ørsted shares in connection with the company’s rights issue. The investment, which lay outside Andel’s original investment programme, helped stabilise Ørsted, safeguard its development capacity and protect the value of Andel’s ownership stake. 

Almost a year after the rights issue, Ørsted – one of the world’s leading offshore wind developers and a central part of Denmark’s energy supply – has made significant strategic and operational progress. At the same time, the value of Andel’s ownership stake has increased by more than DKK 2 billion. 

In light of these developments, Andel is now selling shares worth approximately DKK 3 billion – broadly corresponding to last year’s extraordinary investment – to support Andel’s increased strategic focus on accelerating the electrification of Denmark. 

“Electrification is one of the greatest societal transformations of our time, and contributing to its success is at the heart of Andel’s responsibility to society,” says Jesper Hjulmand, Group CEO of Andel, adding: 

“With Ørsted in a stronger position and an ownership stake that has increased significantly in value, we believe this is a natural time to sell shares worth approximately the same amount as our extraordinary investment last year and invest where we can make the most direct difference: in electricity grid and EV charging infrastructure that help build the foundation for an electrified Denmark free of fossil fuels.” 

The decision comes at a time when Denmark’s electricity consumption is increasing. More electric vehicles, heat pumps, businesses and other electricity consumers are being connected to the grid, while demand for electric solutions continues to grow. 

This development requires high levels of investment in critical infrastructure in the coming years. The proceeds from the sale will support Andel’s financial capacity to undertake significant investments, particularly in the electricity grid in eastern Denmark and Denmark’s largest EV charging network – two key areas for electrification in which the group plans to invest more than DKK 20 billion during 2026–2030. 

Andel has previously sold Ørsted shares to fund strategic investments 

Andel has previously sold part of its ownership stake in Ørsted to make strategic investments in the Danish energy system. 

In connection with the acquisition of Radius Elnet and Ørsted’s Danish residential customer business in 2020, Andel sold half of its Ørsted stake at the time and used the proceeds to significantly strengthen the group’s position in Danish energy infrastructure. 

“We have previously used part of our stake in Ørsted to strengthen Andel’s role in Denmark’s energy system. Now we are doing it again. At the same time, we continue to believe in Ørsted and its important role in the green transition. Following the transaction, Andel will remain a significant shareholder in Ørsted,” says Jesper Hjulmand. 

On 8.9.2026, Andel a.m.b.a. (“Andel”) sold 22.800.000 shares in Ørsted A/S (“Ørsted”) for total proceeds of DKK 3.089.400.000, corresponding to 1,73 percent of the shares in Ørsted. Following the transaction, Andel will continue to hold 43.392.007 shares, corresponding to 3,28 percent of the shares in Ørsted.

………. 

Contact for further information: 
Executive Communications Advisor
Jonas Rimer Henriksen 
+45 27 74 43 14 

IMPORTANT INFORMATION 

This announcement does not constitute a prospectus and is not an offer to sell or a solicitation to buy securities. Securities may not be sold in any jurisdiction where such sale would be unlawful without prior registration or approval under applicable rules. 

The offer shares have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and any other applicable securities law. No public offering of the offer shares is being made in the United States. 

Pressekontakt

Kontakt vores presseteam

Seneste nyheder

We regret that, due to regulatory restrictions, we are unable to provide you with access to this section of our website.

The press release you sought to access is not for release, publication or distribution, directly or indirectly, in or into the United States, Australia, Canada and Japan or any jurisdiction in which such transmission or distribution is unlawful.

Luk

DISCLAIMER – IMPORTANT NOTICE

ELECTRONIC VERSIONS OF THE MATERIALS YOU ARE SEEKING TO ACCESS ARE BEING MADE AVAILABLE ON THIS WEBSITE IN GOOD FAITH BY ANDEL A.M.B.A. (“COMPANY”) AND ARE FOR INFORMATION PURPOSES ONLY.

Access to the information and documents contained on the following website may be illegal in certain jurisdictions, and only certain categories of persons may be authorised to access such information and documents. All persons who wish to have access to the documents contained on this website, should first ensure that they are not subject to local laws or regulations that prohibit or restrict their right to access this website, or require registration or approval for any acquisition of securities by them. The Company assumes no responsibility if there is a violation of applicable law and regulations by any person.

The materials contained in this section of the website are not intended for, and must not be accessed by, or distributed or disseminated, directly or indirectly, in whole or in part, to persons resident or physically present in the United States (including its territories and possessions, any state of the United States and the District of Columbia) (“the United States”), Australia, Canada, Japan or any other jurisdiction where to do so would constitute a violation of the local securities laws and regulation of such jurisdiction (the “Excluded Territories”).

These materials do not constitute an offer to sell or the solicitation of an offer to buy the security described in the materials you sought to access (the “Shares”) or a part thereof in any jurisdiction to any person, to whom it is illegal to make such offer in the relevant jurisdiction.

The Shares have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or under the securities laws of any state of the United States, and may not be offered or sold, resold or delivered, directly or indirectly, in or into the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and any other applicable securities law. There will be no public offering of the Shares in the United States.

The Shares have not been and will not be registered under any applicable securities laws of any state, province, territory, county or jurisdiction of the Excluded Territories. Accordingly, the Shares may not be offered, sold, resold, taken up, exercised, renounced, transferred, delivered or distributed, directly or indirectly, in or into the Excluded Territories or any other jurisdiction if to do so would constitute a violation of the relevant laws of, or require registration of the Shares in, the relevant jurisdiction. There will be no public offer of the Shares in any Excluded Territory.

With respect to the member states of the European Economic Area (“EEA”) subject to Regulation (EU) 2017/1129, as amended (together with any applicable implementing measures, the “Prospectus Regulation”) (each a “relevant member state”), no action has been undertaken or will be undertaken to make an offer to the public of the Shares requiring the publication of a prospectus in any relevant member state. As a result, the Shares may only be offered or sold in any relevant member state pursuant to an exemption under the Prospectus Regulation.

In the United Kingdom, this webpage is directed only at qualified investors within the meaning of paragraph 15, part 1, schedule 1 of the Public Offers and Admissions to Trading Regulations 2024 (i) who are “investment professionals” falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Order”), or (ii) who are persons falling within Article 49(2)(a)-(d) (“high net worth companies, unincorporated associations etc”) of the Order, all such persons together being referred to as “relevant persons”. Under no circumstances should persons who are not relevant persons rely or act upon the contents of this webpage. Any investment or investment activity to which this webpage relates in the United Kingdom is available to, and will be engaged only with, relevant persons.

If you are not permitted to view materials on this website or are in doubt as to whether you are permitted to view these materials, please exit this webpage.

Confirmation of understanding and acceptance of disclaimer:

  1. I warrant that I am not resident of or located in the United States, Australia, Canada or Japan or any other jurisdiction where accessing these materials is unlawful and I am not acting on behalf of someone who is resident of or located in any jurisdiction where accessing these materials is unlawful;
  2. I agree that I will not transmit or otherwise send any materials contained in this website (either in whole or in part) to any person resident of or located in the United States, Australia, Canada or Japan or any other jurisdiction where to do so would breach applicable law or regulation;
  3. I am a resident of and located outside each of the Excluded Territories and I am authorised to access the information and documents on this website without being subject to any legal restriction and without any further action required by the Company;
  4. I have read and understood the disclaimer set out above. I understand that it may affect my rights and I agree to be bound by its terms. I confirm that I am permitted to proceed to electronic versions of the materials.
I accept

I do not accept