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Ørsted AS

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About

Ørsted develops, constructs and operates offshore and onshore wind farms, bioenergy plants and innovative waste-to-energy solutions and provides smart energy products to its customers. Headquartered in Denmark, Ørsted employs 6,080 people. Ørsted’s shares are listed on Nasdaq Copenhagen (Orsted). 

Editor's note: Updated Dec. 19, 2019.

Transactions

Report Date Amount (MM) Description
2022-10-21 $410.00

Ørsted Sells $410 Million Stake in US Wind, Solar Projects to PE Firm

Ørsted Sells $410 Million Stake in US Wind, Solar Projects to PE Firm

Report Date Amount (MM) Description
2019-12-18 --

Ørsted To Exit LNG Business In Sale With Glencore

Ørsted To Exit LNG Business In Sale With Glencore

Report Date Amount (MM) Description
2019-02-08 $225.00

Ørsted, Eversource Energy Make More Wind Moves

Ørsted, Eversource Energy Make More Wind Moves

Report Date Amount (MM) Description
2018-10-08 $510.00

Ørsted Acquires Deepwater Wind For $510 Million

Ørsted Acquires Deepwater Wind For $510 Million

Report Date Amount (MM) Description
2018-10-08 $510.00

Ørsted Acquires Deepwater Wind For $510 Million

Ørsted Acquires Deepwater Wind For $510 Million

Report Date Amount (MM) Description
2100-10-01 $000.00

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2100-10-01 $000.00

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2100-10-01 $000.00

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2100-10-01 $000.00

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News

Wind Energy Developer Ørsted Sees Profit Rise, US Challenges Remain

Danish wind company Ørsted reported a 4% increase in earnings and fewer impairments compared to a year ago but faced challenges with U.S. wind.

Equinor Expands CCS Network with North Sea Licenses

Equinor received two new CO2 storage licenses and a permit to explore a carbon capture facility in Denmark.

Energy Transition in Motion (Week of April 26, 2024)

Here is a look at some of this week’s renewable energy news, including the close of a $1.4 billion decarbonization-focused investment fund.

The Jones Act: An Old Law on a Voyage to Nowhere

Keeping up with the Jones Act is a burden for the energy industry, but efforts to repeal the 104-year-old law may be dead in the water.

South Korea Grants Ørsted License for Offshore Wind Project

The project is expected to be complete in the early 2030s, subject to a final investment decision.

Energy Transition in Motion (Week of March 31, 2023): Advancing Projects, Investment

Here’s a look at some of this week’s renewable energy news, including plans to add offshore wind capacity globally.

A&D Minute (Oct. 26, 2022): Upstream Oil and Gas M&A Storms Back [WATCH]

Also in this week’s A&D Minute: Tudor, Pickering, Holt & Co. analyst Matt Portillo predicts more private-to-public consolidation and Houston-based Par Pacific acquires an Exxon Mobil oil refinery for $310 million.

Ørsted Sells $410 Million Stake in US Wind, Solar Projects to PE Firm

The sale of a 50% stake in U.S. onshore wind farms and a solar project is expected to support Ørsted’s ambition to reach 50 GW of installed renewable energy capacity globally by 2030.

Denmark Provides Decarbonization Blueprint for Energy Transition

Panelists at DNV’s 2022 Energy Transition Outlook shared how Denmark is advancing offshore wind through the development of energy islands and other initiatives in the renewables space.

Energy Transition in Motion (Week of July 29, 2022): Advancing Projects, Investment

Here’s a look at some of this week’s renewable energy news including Denver-based oilfield service provider Liberty Energy’s move into the geothermal space through a $10 million investment.

Ørsted, Repsol Join Forces in Spanish Offshore Wind Market

“After several years of concept development and small-scale testing, floating offshore wind is now on the brink of commercialization,” Ørsted said in a statement announcing its partnership with Repsol.

Williams Joins Forces with Ørsted to Explore Clean Energy Opportunities

The agreement with Ørsted could include a large-scale wind energy, electrolysis and synthetic gas-via-methanation co-development in western Wyoming where Williams owns significant land area and natural gas infrastructure.

Ørsted Completes Largest Onshore Wind Project To Date in Texas

The wind project is also located on the Waggoner Ranch, a historic North Texas ranch established in 1849 and currently owned by billionaire businessman Stan Kroenke.

New Jersey Awards Offshore Wind Tenders to Orsted, Shell, EDF

The award is the largest in U.S. history and would put New Jersey on track to meet a goal Governor Phil Murphy set to generate 7,500 MW of offshore wind power by 2035.

Construction of Large Wind, Solar Project in South Texas Begins

Danish energy company Ørsted said the Helena Energy Center combined wind and PV-solar project, located in Bee County in South Texas, will be its largest onshore project to date.