ORSTED A/S

Company Overview

Orsted A/S specializes in developing and constructing wind farms (offshore and onshore), solar farms, and facilities for renewable hydrogen, energy storage, green fuels, and bioenergy. The company operates with three business segments globally: offshore, onshore, and bioenergy & other. Its offshore segment is engaged in developing, constructing, and operating offshore wind farms in Europe, the U.S., and APAC, as well as developing renewable hydrogen in selected core markets. In 2024, the company’s power generation from onshore and offshore assets stood at 33.9 TWh, which shows an annual increase of 9%. This growth is mainly driven by increased power generation from Greater Changhua 1 and 2a, and Gode Wind 3 offshore wind farms and other onshore wind and solar PV farms.

Along with fixed-bottom wind farms, Orsted is expanding its footprint in floating wind farms. It is engaged in two floating wind projects: Project Salamander and Project Stromar. Both projects are under development and are expected to become operational before 2030.

Financial Highlights (FY 2025)

Company's Business Segments

• Offshore : This segment develops, constructs, owns, and operates offshore wind farms in Europe, the U.S., and the Asia-Pacific. region.
• Onshore : It develops, constructs, owns, and operates onshore wind and solar farms in the U.S., including integrated storage.
• Bioenergy & Other : This segment generates heat and power and deliver ancillary services from CHP plants in Denmark, to optimize its gas portfolio, and management of our Danish and Swedish B2B business.