Orsted AS
Company Profile
Business description
Danish company Orsted was named Dong Energy until the sale of all its oil and gas fields to Ineos in 2017, soon after the May 2016 initial public offering. Orsted is now focused on renewable assets, especially offshore wind farms. It operated 9.9 gigawatts of offshore wind farms at the end of 2024. The United Kingdom is the biggest country of operation, ahead of Germany and Denmark. The group intends to develop its footprint outside Europe with projects in Taiwan and in the US. Orsted also operates 4.8 GW of onshore wind and solar assets concentrated in the United States. The company is involved in more traditional utilities business like conventional power plants and gas supply, but these activities are noncore.
Contact
Kraftvaerksvej 53
Skaerbaek
FredericiaDK-7000
DNKT: +45 99551111
Sector
Utilities
Stock type
Defensive
Industry
Utilities - Renewable
Fiscal Year End
31 December 2026
Employees
7,896
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