# Novo Nordisk, Novozymes and Kalundborg Forsyning invest DKK 1.4B in district cooling system

Novo Nordisk, Novozymes and Kalundborg Forsyning will invest DKK 1.4 billion in a new district cooling system for all current and future factories at the joint production site in Kalundborg, Denmark.

- Type: Investment
- Announced: 2022-10-24
- Where: Kalundborg, Denmark
- Value: $190.0M (1.40B DKK)
- Starts operating: Q2 2025
- Status: announced
- Products: district cooling system
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Novozymes](https://endata.com/companies/364.md) (investor)
- [Novo Nordisk](https://endata.com/companies/17868.md) (investor)
- [Kalundborg Forsyning](https://endata.com/companies/66062.md) (investor)

## Sources

- [energy-supply.dk](https://www.energy-supply.dk/article/view/875735/medicinalselskab_investerer_milliardbelob_i_fjernkoling?rel=related), 2022-10-24: "Opførelsen af fjernkølingsanlægget bliver sat i gang i løbet af andet kvartal 2023 og forventes at være fuldt operationelt i andet kvartal af 2025."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.