
Offshore Wind Major, Dong Energy, Trims Sails, Ups H1 2013 Profit
a decrease in funds tied up in working capital and the higher EBITDA First-half 2013 net investments amounted to DKK 3.2 billion against DKK 6.1 billion in the first half of 2012. Gross investments amounted to DKK 8.4 billion and related primarily to development of wind activities and gas and oil fields, while disposals related to the Swedish hydro power company Kraftgården (DKK 3.3 billion) and the Polish onshore wind business (DKK 1.8 billion) Interest-bearing net debt decreased by DKK 0.5 billion from the end of 2012 to DKK 31.4 billion As part of DONG Energy’s 2020
New Wireless & Port Security Partnership
to help market, sell, distribute and install Intellicheck Mobilisa’s wireless, maritime security and intelligent buoy monitoring solutions to Caribbean countries. VOEL will particularly focus on sales of Intellicheck Mobilisa’s Aegeus buoy system to protect the rich natural gas and oil fields situated throughout the Caribbean region. This multi-purpose system is capable of wirelessly connecting to buoys deployed throughout the coastal waters, and has networking capabilities designed to allow the upload and monitoring of data back on shore. Michael Celestine, CEO of VOEL, said,