General – Acquisition
Copenhagen Infrastructure Partners (CIP) has made a final investment decision to acquire a combined pre-treatment and biogas plant from Ørsted.
[Read more…] about CIP acquires first biogas plant in UKAlana Kühne new head of development for Europe at Ørsted
General – Appointment
Ørsted has appointed Alana Kühne as its new head of development for Europe.
[Read more…] about Alana Kühne new head of development for Europe at ØrstedØrsted to cut 2,000 jobs in global restructuring to boost competitiveness
General – Restructuring
Renewable energy leader Ørsted has announced a major organizational restructuring that will see approximately 2,000 jobs cut by the end of 2027 as part of a broad effort to strengthen its competitiveness and align with its updated business strategy.
[Read more…] about Ørsted to cut 2,000 jobs in global restructuring to boost competitivenessØrsted picks Port of Tyne to support Hornsea 3 OWF
Wind Energy – Lease Agreement
Ørsted has signed a lease agreement for up to 100,000 square meters at the Port of Tyne, one of the UK’s major deep-sea ports, to support the development of its Hornsea 3 offshore wind farm.
[Read more…] about Ørsted picks Port of Tyne to support Hornsea 3 OWFAnother strategic partnership for Ørsted in Korea
Wind Energy – Partnership
Ørsted’s 1.4 GW Incheon offshore wind project, located approximately 70 km off the coast of Incheon, Korea, continues to make steady progress.
[Read more…] about Another strategic partnership for Ørsted in KoreaØrsted discusses 50% Hornsea 3 stake sale
General – Stake Sale
Ørsted is in discussions to sell a 50% stake in its USD 11.4bn/EUR 9.7bn Hornsea 3 offshore wind farm project in the UK.
[Read more…] about Ørsted discusses 50% Hornsea 3 stake salePosco, Orsted partner to drive Korea’s biggest OWF
Wind Energy – Partnership
Korea’s steelmaking giant Posco Group announced Friday that it partnered with Orsted to build Korea’s largest offshore wind farm in Incheon, reinforcing its foothold in a sector poised for rapid growth under government-led green energy initiatives.
[Read more…] about Posco, Orsted partner to drive Korea’s biggest OWFRevolution Wind cleared to restart work
Wind Energy – Revolution Wind
A federal court judge on Monday granted energy company Ørsted a preliminary injunction to resume work on its Revolution Wind turbine array off Rhode Island, lifting an Aug. 22 stop-work order by the Trump administration.
[Read more…] about Revolution Wind cleared to restart workØrsted sets 67% discount for $9.4 bln rights issue
General – Shares
Ørsted has priced its $9.42 billion rights issue at 66.6 crowns ($10.46) per share, a 66.7% discount to the stock’s closing price on Friday, as it shores up its finances in the face of mounting challenges.
[Read more…] about Ørsted sets 67% discount for $9.4 bln rights issueDamaged export cable forces Ørsted later wind farm commission
Wind Energy – Greater Changhua
Ørsted has pushed back the commissioning date of a 300MW wind farm in Taiwan by nearly a year over cable issues.
[Read more…] about Damaged export cable forces Ørsted later wind farm commission