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 8.9 gigawatts of offshore wind farms at the end of 2023. 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 also involved in more traditional utilities business like conventional power plants and gas supply, but these activities are noncore.

• Contact

  Kraftvaerksvej 53
  Skaerbaek
  FredericiaDK-7000
  DNK

  T: +45 99551111

  E: [email protected]

  https://www.orsted.com

• Sector

  Utilities

  Stock type

  Defensive

• Industry

  Utilities - Renewable

  Fiscal Year End

  31 December 2024

  Employees

  8,377