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 OWFØrsted 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 commissionØrsted sues Trump administration over project halt
Ørsted and the states of Rhode Island and Connecticut sued the Trump administration on Thursday, alleging its decision to block construction of the nearly finished Revolution Wind project is illegal.
[Read more…] about Ørsted sues Trump administration over project haltEquinor to participate in Ørsted Rights Issue
General – Strengthening Balance Sheet
Equinor has assessed the proposal put forward by the Board of Directors of Ørsted on 11 August 2025 for a Rights Issue with pre-emptive rights for existing shareholders (the Rights Issue).
[Read more…] about Equinor to participate in Ørsted Rights IssueOdfjell Oceanwind acquires shares in Salamander OWF
Wind Energy – Acquisition
Odfjell Oceanwind (OOW) has completed the acquisition of Ørsted`s 80% share in the Salamander Offshore Wind Farm.
[Read more…] about Odfjell Oceanwind acquires shares in Salamander OWFBOEM issued another stop-work order in USA
Wind Energy – USA
On 22 August 2025, Ørsted’s subsidiary Revolution Wind LLC received an order instructing the project to stop activities on the outer continental shelf related to the Revolution Wind project from the US Department of the Interior’s Bureau of Ocean Energy Management (BOEM).
[Read more…] about BOEM issued another stop-work order in USAOrsted lifts Morgan objection after wake effect deal
Wind Energy – Withdrawal
Orsted has withdrawn its wake effect objections to JERA Nex BP and EnBW’s 1500MW Morgan offshore wind farm in the Irish Sea.
[Read more…] about Orsted lifts Morgan objection after wake effect dealLease agreement offshore wind at Teesside
Wind Energy – Lease Agreement
Ørsted’s Hornsea 3 has officially signed a lease agreement for up to 300,000 square metres at Steel River Quay – a key part of Teesworks on the south bank of the River Tees.
[Read more…] about Lease agreement offshore wind at Teesside