Under the agreement, PensionDanmark will acquire 30% stake, while PKA receive 20% stake in the wind power project.
On 1 April 2014, the co-owners will take over responsibility for operation and earnings in proportion to their respective interests.
Until that date, DONG Energy will be responsible for the wind energy production.
DONG Energy has signed a 15-year contract with the consortium on operation and planned maintenance of the farm.
The transaction is subject to approval by the competition authorities and to the Danish Energy Agency approving PensionDanmark and PKA as parties to the licensing deal concerning the construction and operation of the wind farm that was concluded between DONG Energy and the Danish Energy Agency in 2010.
The transaction is expected to be completed in the second quarter of this year.
