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Verdo appeals million kroner repayment order

Verdo has decided to file a complaint over a decision from the Utility Regulator, which requires them to repay a double-digit million amount to customers
Af Lasse Egeris, Camilla Buus Poulsen

Verdo illegally collected 46 million kroner over several years from its district heating customers—funds which Verdo must now repay to consumers.

The Utility Regulator confirmed this in a decision in April.

However, Verdo has chosen to challenge the decision, which deemed the charging of interest for the repayment of a 400 million kroner loan as illegal, according to CEO Jesper Vinter Barslund in a written statement to Energy Supply:

BREAKING
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