Dong Energy Seeks $1.4 Billion Equity Boost as Gas Bets Failed

Dong Energy Seeks $1.4 Billion Equity Boost as Gas Bets Failed

Chris Ratcliffe/Bloomberg

Dong Energy has a BBB+ rating with a negative outlook at Standard & Poor’s after the rating company on Oct. 24 downgraded the utility from A-, citing challenges in the gas and power markets.