Vindstod.dk offers 100% wind power to Danish customers. Vattenfall has a strategy to enter new markets through small and innovative sales companies with an existing customer base.
The acquisition of Vindstod.dk and the entry into the Danish consumer sales market is a part of this.
Vattenfall Customers & Solutions head Martijn Hagens said: "The demand in the market makes it a natural step for us to move from being a wind power developer and operator to also start providing Danish customers with 100% renewable energy.
"Vindstod.dk is an innovative, successful and fast-growing company which has pioneered the Danish consumer market.”
Following three successful bids for major Danish offshore wind farms, Vattenfall is now also able to offer wind power to private customers. This is in line with Vattenfall´s strategy to be leading in sustainable energy production and consumption.
Martijn Hagens said: “The acquisition in Denmark provides us with an attractive customer base, a strong IT-platform and an efficient organisation.
"We will now speed up the Vindstod.dk success-story even further, building on the 100% local wind power promise and scalable setup. We aim to grow the business significantly.”
Vattenfall has a strong position in Denmark as the biggest onshore wind developer and operator and will soon be the biggest in offshore as well.
Offering customers sustainable energy supply from a company such as Vindstod.dk is an attractive complement to the existing business in Denmark.
Martijn Hagens said: “The Danish consumer market has large growth potential. The acquisition of Vindstod.dk is a start, and we want to open up a dialogue with similar companies to discuss their business with us.”
Vattenfall and Vindstod.dk have agreed not to disclose the financial details of the transaction.
