Orsted
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Rasmus Errboe
- Full Time Employees
- 7,896
- Sector
- Utilities
- Industry
- Electric utilities
- Address
- Kraftvaerksvej 53 Fredericia SD Denmark 7000
- IPO Date
- Jun 9, 2016
- Website
- orsted.com
- Similar Companies
- Business
- Ørsted A/S develops, constructs, owns, and operates offshore and onshore wind farms, solar farms, energy storage facilities, renewable hydrogen projects, and bioenergy plants; it provides utility services including waste-to-energy solutions, smart energy products, and energy management services. The company operates through Offshore, Onshore, and Bioenergy & Other segments, serving markets in Europe including Denmark, the United Kingdom, Germany, the Netherlands, Poland, and Sweden; North America particularly the United States and Canada; and Asia-Pacific regions such as Taiwan and Japan. Founded in 2006 through the merger of Danish energy entities and headquartered in Fredericia, Denmark, Ørsted maintains a global portfolio exceeding 7.6 GW in offshore wind capacity across multiple continents. Ørsted leads in offshore wind power with key assets like Hornsea 1, Hornsea 2, and the under-construction Hornsea 3, the world's largest at 2.9 GW; onshore operations feature solar projects such as Mockingbird Solar and Sparta Solar in Texas alongside battery storage like Eleven Mile Solar Center in Arizona; bioenergy includes biomass production and wood pellets for renewable heat and power. Recent developments encompass Equinor's acquisition of a $2.5 billion stake in October 2024 to bolster offshore wind; Apollo-managed funds' $6.5 billion commitment in November 2025 for 50% of Hornsea 3; divestment of 50% stakes in three US onshore solar and battery projects to Energy Capital Partners in November 2025; sale of shares in four UK offshore wind farms to Brookfield in late 2025 retaining 37.55% ownership; and completion of a rights issue in October 2025.
Company News
Ørsted: Well-Positioned Assets Mean Time For Incremental Investing
Ørsted: Cautious Optimism
Ørsted: The Year To Nowhere
Denmark's Orsted says commission backs UK taxation of British wind farms
Ørsted A/S (OTCMKTS:DOGEF) Stock Price Down 0.7% – Time to Sell?
Ørsted A/S (DNNGY) Q2 2026 Earnings Call Transcript
Orsted Says All Projects on Schedule After Impairments Hit Profit
Offshore wind developer Orsted Q2 beats estimates
Ørsted: Moving Towards The Future
5 Reasons To Buy Ørsted (Rating Upgrade)
Ørsted A/S (DNNGY) Q1 2026 Earnings Call Transcript
Orsted's Earnings Rise on Jump in Offshore Generation
Orsted Q1 core profit tops forecasts, maintains full-year guidance
Orsted CEO eyes boost to European offshore wind from energy crunch
Orsted Shares Jump as Outlook Improves for U.S. Wind Farms
ØRsted: Back To An Execution Focus
Ørsted A/S (OTCMKTS:DOGEF) Shares Down 1.5% – Here’s What Happened
Ørsted A/S (DNNGY) Q4 2025 Earnings Call Transcript
Orsted Plans Dividend Return, Targets 55 Billion Kroner Investment Push
Orsted Backs Guidance Despite Hit From U.S. Disruption