DONG Energy announces support for International Festival for Business 2016

2015-11-24T23:00:00.0000000Z

DONG Energy, the world leader in offshore wind, has today announced that it will be supporting International Festival for Business 2016 (IFB2016) as a sponsor.

The sponsorship is being announced at an International Business & Diplomatic Exchange (IBDE) event in the City of London attended by James Wharton MP, Minister for Local Growth and the Northern Powerhouse.

About DONG Energy:
DONG Energy is one of the leading energy groups in Northern Europe. Our business is based on procuring, producing, distributing and trading in energy and related products in Northern Europe. Headquartered in Denmark, DONG Energy has around 6,500 employees, including 600 in the UK. The Group generated DKK 67 billion (EUR 9.0 billion) in revenue in 2014. For further information, see www.dongenergy.co.uk

About IFB2016
Supported by UKTI and the GREAT campaign, IFB2016 is a global marketplace for creating connections and doing deals launching on 13 June 2016 at the state-of-the-art Exhibition Centre Liverpool. It brings together thousands of businesses from around the world for three weeks of events to explore new export opportunities, networking and deal-making.

There will be about 70 notable events during IFB2016. This includes World Broadband Alliance's Wi-Fi Global Congress 2016 – the world's leading Wi-Fi event; the much respected ACCELERATE event, which provides a unique accelerator for growth, motivation and an opportunity to connect businesses; TedX comes to IFB with speakers exploring what's in store for the future of technology, science, design, entertainment, media and entrepreneurship and how that will help fuel changes in looking at the world, industry and business. http://www.ifb2016.com/festival/schedule

Joining the IFB2016 Business Club is the delegates' free ticket into the festival and also provides access to incredible benefits during the run-up to the festival. This includes a raft of essential business support services, which will be launched in the very near future.

DONG Energy's sponsorship of IFB2016 follows a report showing that the company's projects in the Humber will result in investment of around £6 billion over the period of 2013 – 2019. DONG Energy has already invested over £6 billion in the UK over the past decade. The company has a large presence on the West Coast of the UK as well, and is building the world's biggest offshore wind farm - Walney Extension - in the Irish Sea approximately 19 kilometres off the coast of Cumbria, which will be commissioned in 2018.

Backed by HM Government, IFB2016 is the world's biggest business festival. It will bring together thousands of global businesses, providing a platform for companies to connect and conduct international commerce.

Minister for Local Growth and the Northern Powerhouse James Wharton said:

"I am delighted that DONG Energy will be supporting the world's biggest business festival, giving companies the opportunity to network and make deals on a global scale.

"As a showcase for British business this is a fantastic shop window to demonstrate our world-leading talent in key industries such as energy, manufacturing and creative & digital."

Brent Cheshire, DONG Energy's UK Country Chairman, said:

"The UK is our largest market for offshore wind and we are playing a major role in the creation of long-term high-skills jobs in the Northern Powerhouse.

"We are delighted to be part of the world's biggest business festival and this really underlines our continued commitment to supporting growth across the UK.

"DONG Energy is investing £6 billion in the Humber region alone by 2019, and it is exciting to be involved in the global showcase of British industry at IFB2016."

Max Steinberg CBE, International Festival for Business 2016 Chair, said:

"We are delighted to welcome DONG Energy to the sponsorship family for IFB2016. DONG Energy is a world leader in renewable energy and will enhance our programme and activity. We are looking forward to working with the DONG Energy team."

Next summer's festival follows the success of the inaugural IFB in 2014, which produced more than £200 million of investment deals and new export sales totalling more than £80 million as the direct result of introductions and connections facilitated by the event.

As a global showcase for great British industries and sectors, the festival is a key date in the UK and international business calendar commencing on 13 June 2016. It will focus on key sectors that are transforming the business landscape of Britain and beyond including: energy and environment; manufacturing; creative & digital.

For additional information, please contact:

Ørsted
+44 20 7811 5208