Dong Energy said it intends to launch an Initial Public Offering (IPO) of its shares on the stock exchange in Copenhagen.
The company previously published a plan last year which said it would be working towards an IPO with plans to launch it by next year.
In a statement the firm said it planned to proceed with the next steps towards the move with the IPO launching earlier than expected by summer this year.
Henrik Poulsen, chief executive of DONG Energy, said: “Over the past decade, DONG Energy has established a world-leading position in offshore wind, which accounted for 75% of our capital employed at the end of 2015.
“We have a robust and highly visible build-out plan for offshore wind, which will deliver strong and profitable growth in the coming years.
“Our focus on renewable energy has turned DONG Energy into one of the fastest growing energy groups in Europe with almost 2/3 of operating income generated outside of Denmark.
“The planned IPO will create a strong platform for DONG Energy as we continue to lead the transformation of the energy system”.
The Kingdom of Denmark, a majority shareholder, will sell part of its current shareholding in the IPO while maintaining a 50.1% shareholding in Dong Energy after the IPO.
The intended IPO is expected to consist of a sale of at least 15% of the existing shares in the company through a partial sell-down by the current shareholders of Dong Energy other than employee shareholders.
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