Ørsted has finalised the divestment of its Danish power distribution business (Radius), residential customer business, and City Light business to SEAS-NVE. As part of the transaction, approximately 750 employees have been transferred from Ørsted to SEAS-NVE.
The transaction leads to changes in Ørsted’s Board of Directors, as the two employee-elected board members Hanne Steen Andersen and Poul Dreyer will be joining SEAS-NVE. Instead, the two alternates Daniel Tas Sandermann and Ole Henriksen will join Ørsted’s Board of Directors. Daniel Tas Sandermann has been employed with Ørsted for five years and heads Commercial & Strategy Execution in Markets & Bioenergy, and Ole Henriksen has been employed with Ørsted for 13 years and works as an engineer in the same business unit.