Nord Pool Spot sells its 50% shares of Nord Pool Gas to Energinet.dk
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Published on 17 December 2012 12.20
Nord Pool Spot sells its 50% shares of Nord Pool Gas to Energinet.dk

Lysaker, 17 th December
 
Nord Pool Spot has today announced the completion of the sale of its 50% share in the Nordic gas exchange, Nord Pool Gas, to Energinet.dk, the Danish transmis-sion system operator.  Energinet.dk is, as a result, the sole owner of Nord Pool Gas. The transaction has been approved by the Danish Minister for Climate, Energy and Building Martin Lidegaard.
 
Mikael Lundin, CEO of Nord Pool Spot, said: "Today's decision reflects Nord Pool Spot’s commitment to focus on our core business.  Nord Pool Spot runs the lead-ing power market in Europe and we will continue our growth within power, delivering robust and efficient day-ahead and intraday markets to our members. “
 
“Energinet.dk has bought Nord Pool Spot’s shares in order to strengthen our impact on the Nordic gas market,” added Torben Brabo, Director of Energinet.dk 's Gas Division. “The prerequisite for a market is an efficient gas exchange. Ener-ginet.dk’s ownership of Nord Pool Gas will ensure that the strategic development of the gas exchange takes the right competitive route relative to regional market needs.

 

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Torben Brabo