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Oersted A/S

ORSTED.CO

Latest Trade

1,253.50DKK

Change

11.50(+0.93%)

Volume

541,197

Today's Range

1,223.00

 - 

1,253.50

52 Week Range

546.00

 - 

1,400.50

As of on the Copenhagen Stock Exchange ∙ Minimum 15 minute delay

Latest Developments

Ørsted Signs Long-Term Power Purchase Agreements With PepsiCo For Nebraska And Texas Wind Farms

Jan 14 (Reuters) - Orsted A/S <ORSTED.CO>::ØRSTED SIGNS LONG-TERM POWER PURCHASE AGREEMENTS WITH PEPSICO FOR NEBRASKA AND TEXAS WIND FARMS.PEPSICO WILL PURCHASE ENERGY FROM THE HAYSTACK AND WESTERN TRAIL WIND PROJECTS, CURRENTLY UNDER CONSTRUCTION AND EXPECTED ONLINE LATER THIS YEAR..

Ørsted Expects EBITDA Of DKK 18 Bln For 2020

Jan 12 (Reuters) - Orsted A/S <ORSTED.CO>::EXCEEDS GUIDANCE AND EXPECTS EBITDA OF DKK 18 BILLION FOR 2020 – EBITDA GUIDANCE FOR 2021 IS EXPECTED TO BE DKK 15-16 BILLION EXCLUDING NEW PARTNERSHIP AGREEMENTS..EXPECT TO CLOSE 50 % FARM-DOWN OF GREATER CHANGHUA 1 FOLLOWING AGREEMENT ANNOUNCED IN DECEMBER 2020.WILL EXPLORE POSSIBILITY OF A FARM-DOWN OF OUR SOLAR PV PORTFOLIO FOLLOWING COMMISSIONING OF MUSCLE SHOALS IN Q3.PLAN TO FARM-DOWN A 50 % SHARE OF BORSSELE 1 & 2 AROUND SUMMER.ORSTED - FROM 2021, WILL CEASE USING CO'S SUPPLEMENTARY BUSINESS PERFORMANCE PRINCIPLES AND ONLY REPORT OUR FINANCIALS BASED ON IFRS.IN 2021, EBITDA FROM EXISTING PARTNERSHIPS IS EXPECTED TO BE CLOSE TO ZERO.FOR 2021, EBITDA ACC TO IFRS EXPECTED TO BE ABOUT DKK 1 BILLION HIGHER THAN IF CO CONTINUED TO REPORT BASED ON BUSINESS PERFORMANCE PRINCIPLE.

Orsted: Consortium Gets Funding To Investigate Offshore Hydrogen Production

Jan 8 (Reuters) - Orsted A/S <ORSTED.CO>::CONSORTIUM RECEIVES FUNDING TO INVESTIGATE OFFSHORE HYDROGEN PRODUCTION.ITM POWER, ØRSTED, SIEMENS GAMESA RENEWABLE ENERGY, AND ELEMENT ENERGY HAVE BEEN AWARDED EUR 5 MILLION IN FUNDING FROM FUEL CELLS AND HYDROGEN JOINT UNDERTAKING (FCH2-JU).PROJECT IS PLANNED TO START IN 2021 AND RUN TO END OF 2024.

Ørsted Says CDPQ, Cathay PE To Invest In Greater Changhua 1 Offshore Wind Farm

Dec 28 (Reuters) - Orsted A/S <ORSTED.CO>::REG-ØRSTED BRINGS IN CDPQ AND CATHAY PE AS INVESTORS IN THE GREATER CHANGHUA 1 OFFSHORE WIND FARM.AS PART OF AGREEMENT, CO WILL CONSTRUCT GREATER CHANGHUA 1 OFFSHORE WIND FARM UNDER A FULL-SCOPE EPC CONTRACT.SIGNED AGREEMENTS WITH A CONSORTIUM COMPRISING GLOBAL INSTITUTIONAL INVESTOR CDPQ, TAIWANESE CATHAY PE.TOTAL VALUE OF TRANSACTION IS APPROXIMATELY TWD 75 BILLION (APPROX. DKK 16 BILLION) WHICH IS TO BE PAID DURING 2021 AND 2022.CONSORTIUM TO BUY 50% OF CO'S 605 MW GREATER CHANGHUA 1 OFFSHORE WIND FARM.CDPQ WILL BE MAJORITY OWNER AMONG TWO NEW PARTNERS.INFORMATION PROVIDED IN ANNOUNCEMENT DOES NOT CHANGE ØRSTED'S PREVIOUS FINANCIAL GUIDANCE FOR 2020 FINANCIAL YEAR.INFORMATION PROVIDED IN ANNOUNCEMENT DOES NOT CHANGE ØRSTED'S ANNOUNCED EXPECTED INVESTMENT LEVEL FOR 2020.CO IS CURRENTLY CONSTRUCTING GREATER CHANGHUA WIND FARM AND EXPECTS TO FINALIZE IN 2022.INVESTORS' STAKE TO BE FUNDED VIA EQUITY, SENIOR LONG-TERM DEBT FACILITIES.CO WILL ALSO PROVIDE LONG-TERM OPERATIONS AND MAINTENANCE (O&M) SERVICES FROM ITS O&M BASE AT PORT OF TAICHUNG.

Siemens Gamesa Signs Wind Power Agreement With Orsted To Supply 298-MW Haystack Wind Farm In Nebraska

Dec 16 (Reuters) - Siemens Gamesa Renewable Energy SA <SGREN.MC>:SIGNS A MILESTONE WIND POWER AGREEMENT WITH ORSTED TO SUPPLY THE 298-MW HAYSTACK WIND FARM IN NEBRASKA.PROJECT CONSISTS OF 51 SG 5.0-145 WIND TURBINES AND 18 SAFE HARBOR TURBINES FOR TOTAL OF 298 MW AND A LONG-TERM SERVICE AND MAINTENANCE AGREEMENT.PROJECT EXPECTED TO COME ONLINE IN FOURTH QUARTER OF 2021.ORDER INCLUDES A 30-YEAR FULL-SCOPE SERVICE AND MAINTENANCE AGREEMENT.

Ørsted And Amazon Sign Offshore Wind Corporate Power Purchase Agreement

Dec 10 (Reuters) - Orsted A/S <ORSTED.CO>::REG-ØRSTED AND AMAZON SIGN EUROPE’S LARGEST OFFSHORE WIND CORPORATE POWER PURCHASE AGREEMENT.CPPA WILL CONTRIBUTE TO AMAZON'S TARGET OF BEING 100% RENEWABLE BY 2030.WITH THIS AGREEMENT WITH AMAZON, ØRSTED HAS OVER PAST 12 MONTHS SIGNED CPPAS FOR AN ACCUMULATED CAPACITY OF 1,301MW ACROSS ITS GLOBAL OFFSHORE WIND PORTFOLIO.INFORMATION PROVIDED IN THIS ANNOUNCEMENT DOES NOT CHANGE ØRSTED'S PREVIOUS FINANCIAL GUIDANCE FOR FINANCIAL YEAR OF 2020 OR ANNOUNCED EXPECTED INVESTMENT LEVEL FOR 2020.

Ørsted Divests 25% Of Ocean Wind To Pseg

Dec 4 (Reuters) - Orsted A/S <ORSTED.CO>::REG-ØRSTED DIVESTS 25% OF OCEAN WIND TO PSEG.PARTNERS DID NOT DISCLOSE VALUE OF TRANSACTION..HAS ENTERED INTO AN AGREEMENT TO SELL A 25% OWNERSHIP INTEREST IN ITS 1,100MW OCEAN WIND OFFSHORE WIND PROJECT TO NEW JERSEY'S PUBLIC SERVICE ENTERPRISE GROUP (PSEG).PSEG'S CONTRIBUTION WILL INCLUDE BOTH A CONVENTIONAL AND TAX EQUITY INVESTMENT IN PROJECT.

Orsted Appeals Against Decision From Danish Tax Agency On Danish Taxation Of Two Offshore Wind Farms In UK

Dec 1 (Reuters) - Orsted A/S <ORSTED.CO>::APPEALS AGAINST DECISION FROM THE DANISH TAX AGENCY ON DANISH TAXATION OF TWO OFFSHORE WIND FARMS IN THE UK.DANISH TAX AGENCY'S CLAIM AMOUNTS TO DKK 5.1 BILLION, PLUS INTEREST AMOUNTING TO DKK 1.5 BILLION.DISAGREES WITH DECISION AND WILL APPEAL IT TO DANISH TAX APPEALS AGENCY.WILL TAKE STEPS TO ENSURE THAT DANISH AND UK TAX AUTHORITIES INITIATE NEGOTIATIONS TO AVOID ØRSTED BEING SUBJECTED TO DOUBLE TAXATION.AT THIS STAGE, IT HAS NOT BEEN CLARIFIED WHETHER DANISH TAX AGENCY WILL SEEK TO RESUME TAX ASSESSMENT OF OTHER ØRSTED OFFSHORE WIND FARMS.WILL ASK DANISH TAX AGENCY FOR A DEFERRAL OF TAX PAYMENT UNTIL CASE HAS BEEN DECIDED.

Ørsted Enters 325 MW Route-To-Market Agreement In The Netherlands

Dec 1 (Reuters) - Orsted A/S <ORSTED.CO>::ØRSTED ENTERS 325 MW ROUTE-TO-MARKET AGREEMENT IN THE NETHERLANDS.ØRSTED ENTERS A TWO-YEAR AGREEMENT WITH DUTCH GREENCHOICE TO TRADE AND BALANCE POWER FROM 325 MW OF ONSHORE WIND IN THE NETHERLANDS..

Glencore Says Co's Oil Division Has Completed Acquisition Of LNG Business Of Orsted A/S

Dec 1 (Reuters) - Glencore PLC <GLEN.L>::GLENCORE - CO'S OIL DIVISION HAS COMPLETED ACQUISITION OF LIQUEFIED NATURAL GAS (LNG) BUSINESS OF ORSTED A/S.Further company coverage: GLEN.L. ((Reuters.Briefs@thomsonreuters.com ;;)).

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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