Orsted AS

DNNGY

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

Orsted AS News & Analysis

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