Equinor has completed the acquisition of additional 0.2% in Ørsted, increasing its share to 10% and cementing its position as the second largest shareholder in the company.The transaction makes Equinor the second largest shareholder in Ørsted after the Danish State…
Ørsted has appointed Rasmus Errboe, current Deputy CEO and Chief Commercial Officer, as new Group President and CEO of the company replacing Mads Nipper who will step down from his position.Mads Nipper joined Ørsted in January 2021. He will step down as CEO on February 1…
The National Audubon Society has released a report that shares clear strategies and policy recommendations for balancing clean energy demand with conservation in order to combat climate change while protecting birds and their habitats.The report…
Ørsted has hired JDR Cable Systems, Severfield and Smulders to produce integral components and deliver services for the Hornsea 3 offshore wind farm, under contracts collectively worth up to $127 million.Severfield will work with its strategic key contractor Hutchinson Engineering in Widnes…
20+ year energy and renewable executive to lead 11 GW U.S. portfolio, continue driving build-out of new American energy industry.Ørsted announced today it has selected Amanda Dasch as its new Region Americas CEO, tapping a seasoned executive with leadership experience in the U…
Ørsted has signed an agreement with Taiwan-based Cathay Life Insurance and its affiliate Cathay Wind Power Holdings for the sale of 50% stake in 583 MW Greater Changhua 4 offshore wind farm in Taiwan for $1.63 billion.Ørsted will continue to own the remaining 50 % ownership stake in the wind farm…
Bloomberg News reported Monday that Denmark's Ørsted had begun selling a stake in the largest wind farm planned for the United Kingdom coast. The report was based on people familiar with this matter. Reports added that the Danish utility is looking to sell around 50% of the Hornsea 3 Project…
Equinor has acquired a 9.8% stake in Ørsted, becoming the second largest shareholder in the company after the Danish State, which holds a controlling stake.Equinor's ownership position has been built over time, through a combination of market purchases and a block trade…
Australian offshore support vessel owner MMA Offshore has secured an offshore wind site survey contract from Ørsted in Australia.The scope of the contract entails one of the first reconnaissance site surveys taking place in the Gippsland Offshore Wind Zone since the award of feasibility licenses…
Ørsted has signed a partnership agreement with Brookfield, its institutional partners, and its listed affiliate Brookfield Renewable, for the sale of 12.45% stakes in four of its operational U.K. offshore wind farms, with a combined capacity of approximately 3…
Ørsted has submitted a finalized proposal for its Long Island Wind project, a 1,485 MW offshore wind project that could power up to one million New York homes with renewable energy.With commercial operation starting in 2033, Long Island Wind would deliver up to 1…
Fugro has been selected by Ørsted to undertake a 12-month floating lidar measurement campaign for its Gippsland offshore wind farms, off south coast Gippsland in Victoria.Fugro’s SEAWATCH Wind Lidar Buoy will measure wind, wave, current and…
Skyborn Renewables, a Global Infrastructure Partners (GIP) portfolio company, has completed the acquisition of a 50% stake in the Revolution Wind and South Fork Wind projects from U.S. utility Eversource Energy, becoming a joint venture partner in the offshore wind farms with Ørsted…
On August 31, Ørsted will shut down its last coal-fired combined heat and power plant, Esbjerg Power Station, located in the Western part of Denmark.The yearly consumption of coal at Esbjerg Power Station has been approximately 500,000 tonnes…
Salamander, a joint venture between Ørsted, Simply Blue Group and Subsea7, has partnered with two Scottish universities to investigate any potential impact of floating windfarms on marine ecosystems.The PREDICT 2.0 initiative involves deployment…
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