Orsted


All posts for Orsted

Ørsted Sets New, Ambitious Targets for the Group’s Long-Term Strategic and Financial Development – to Invest DKK 200 Billion in Green Energy Towards 2025

In connection with the company's Capital Markets Day, Ørsted's Board of Directors today approved the group's new strategic ambition and financial targets. CEO and President Henrik Poulsen says: “We expect the global market for renewable energy to more than triple towards 2030. As one of the l ...

OilVoice Press - OilVoice


Posted 7 months agoPress > Orstedinvestgreen energy +1

Orsted: Conclusion of Share Buy-Back Programme

On 1 November 2018, Ørsted initiated a share buy-back programme as described in company announcement no. 29 of 1 November 2018. According to the programme, Ørsted will in the period from 1 November 2018 to 15 November 2018, both days inclusive, repurchase up to 110,000 shares, corresponding to 0.03 ...

OilVoice Press - OilVoice


Posted 8 months agoPress > SharesShare BuybackOrsted

Orsted - Transactions in Connection with Share Buy-Back Programme

On 1 November 2018, Ørsted initiated a share buy-back programme as described in company announcement no. 29 of 1 November 2018. According to the programme, Ørsted will in the period from 1 November 2018 to 15 November 2018, both days inclusive, repurchase up to 110,000 shares, corresponding to 0.03 ...

OilVoice Press - OilVoice


Posted 8 months agoPress > OrstedBuybackShares

Ørsted Acquires Deepwater Wind and Creates Leading US Offshore Wind Platform

Ørsted has entered into an agreement with the D.E. Shaw Group to acquire a 100% equity interest in Rhode Island-based Deepwater Wind at a purchase price of USD 510 million. The two companies' offshore wind assets and organizations will be merged into the leading US offshore wind platform with the m ...

OilVoice Press - OilVoice


Posted 8 months agoPress > OrstedOffshoreDeepwater +4

Ørsted Initiates Share Buy-Back Programme to Hedge Incentive Programme

The Board of Directors of Ørsted has decided to initiate a share buy-back programme and thereby exercise the authority granted by the general meeting on 20 May 2016 to buy own shares in accordance with section 198 of the Danish Companies Act. Purpose The purpose of the share buy-back programme i ...

OilVoice Press - OilVoice


Posted 8 months agoPress > SharesShare BuybackOrsted

Orsted: Interim Report for First Nine Months 2018

Solid growth in operating earnings and strengthened strategic platform Increased EBITDA expectations for full-year 2018 Today, the Board of Directors of Ørsted approved the interim report for the first nine months (9M) of 2018. We achieved an operating profit (EBITDA) of DKK 10.8 billion, up 14 ...

OilVoice Press - OilVoice


Posted 8 months agoPress > EarningsResultsOrsted

Major Shareholder Notification – EuroPacific Growth Fund

Pursuant to Section 30, cf. section 38, of the Danish Capital Markets Act, EuroPacific Growth Fund (“EUPAC”), USA, has notified Ørsted A/S (“Ørsted”) that EUPAC as per 15 October 2018 owns 20,489,099 Ørsted shares corresponding to 4.8739 % of the share capital of Ørsted. EUPAC has delegated the vo ...

OilVoice Press - OilVoice


Posted 9 months agoPress > OrstedEuroPacificDenmark +1

Ørsted Acquires Deepwater Wind and Creates Leading US Offshore Wind Platform

Ørsted has entered into an agreement with the D.E. Shaw Group to acquire a 100% equity interest in Rhode Island-based Deepwater Wind at a purchase price of USD 510 million. The two companies' offshore wind assets and organizations will be merged into the leading US offshore wind platform with the m ...

OilVoice Press - OilVoice


Posted 9 months agoPress > OrstedOffshorewind +4

Ørsted Completes Acquisition of Lincoln Clean Energy

Further to our company announcement issued on 9 August 2018 , Ørsted's acquisition of a 100% equity interest in Lincoln Clean Energy LLC ('LCE') from I Squared Capital has been completed today. Ørsted will create a new business unit, Onshore Wind, which will be reported as a separate segment. F ...

OilVoice Press - OilVoice


Posted 9 months agoPress > OrstedAcquisitionLincoln Clean Energy +1

Ørsted Divests 50% of Hornsea 1 Offshore Wind Farm

Ørsted has signed an agreement to sell 50% of the 1,218MW offshore wind farm Hornsea 1 to Global Infrastructure Partners (GIP). Hornsea 1 is under construction and will be the world's largest offshore wind farm when commissioned in 2020. As part of the agreement, Ørsted will construct the wind far ...

OilVoice Press - OilVoice


Posted 10 months agoPress > Wind FarmDivestmentOffshore +3

Orsted, CM Biomass Partners, Stockholm Exergi, Hofor and Bioenergy Europe, Discuss Biomass Sourcing Strategies and Raw Feedstock Availability

Global energy and commodity price-reporting agency Argus will host the  Argus Biomass Nordics and Baltics 2018  conference in Copenhagen, Denmark, on 29-31 October. Drawing on the success of the flagship London Biomass conference, the inaugural event focused on the Nordic and Baltic regions, will ...

Teri Arri


Copenhagen     DK


Posted 10 months agoEvent > biomassnordicsbaltics +12

Ørsted Wins 920MW Offshore Wind Projects in Taiwan

aiwan's Ministry of Economic Affairs has announced the outcome of its first offshore wind auction. Ørsted was awarded 920MW capacity for its offshore wind sites in the Changhua region. Subject to Ørsted obtaining relevant permits and taking final investment decision, the projects are to be built in ...

OilVoice Press - OilVoice


Posted 1 year agoPress > OrstedOffshorewind +3

Orsted: Interim report for Q1 2018

A strong start to the year. Full-year guidance increased. The Board of Directors of Ørsted today approved the interim report for Q1 2018. In the period, we achieved an operating profit (EBITDA) of DKK 5.5 billion, up 68% compared to 2017. We increased our share of renewable energy from 56% in Q ...

OilVoice Press - OilVoice


Posted 1 year agoPress > OrstedQ118Earnings +1

Annual Report 2017 - Strong Results Support Ørsted's Green Transformation

The Board of Directors of Ørsted today approved the annual report for 2017. In 2017, we achieved a strong operating profit (EBITDA) of DKK 22.5 billion, 18% up on 2016. We increased our share of renewable energy by 14 %-points to 64%. Our target is for at least 95% of our heat and power generation ...

OilVoice Press - OilVoice


Posted 1 year agoPress > green energyAnnual ReportOrsted +1

Ørsted Completes the Divestment of Borkum Riffgrund 2 Offshore Wind Farm

Ørsted completes the divestment of Borkum Riffgrund 2 offshore wind farm and now expects full-year EBITDA to come in around DKK 21 billion Further to our company announcement issued on 7 August 2017, Ørsted has today completed the divestment of 50% of the Borkum Riffgrund 2 offshore wind farm to G ...

OilVoice Press - OilVoice


Posted 1 year agoPress > OrstedDivestmentBorkum Riffgrund 2 +5