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Orsted A/S (ORSTED.CO)

ORSTED.CO on Copenhagen Stock Exchange

410.30DKK
23 May 2018
Change (% chg)

kr.-2.80 (-0.68%)
Prev Close
kr.413.10
Open
kr.413.40
Day's High
kr.413.40
Day's Low
kr.407.20
Volume
616,838
Avg. Vol
505,932
52-wk High
kr.432.00
52-wk Low
kr.277.80

Latest Key Developments (Source: Significant Developments)

German Wind Power Company WPD Wins 1 GW Grid Capacity In Taiwan
Monday, 30 Apr 2018 05:25am EDT 

April 30 (Reuters) - GERMAN WIND POWER COMPANY WDP:GERMAN WIND POWER COMPANY WPD SAYS WINS 1 GW THROUGH BIDS FOR TAIWANESE OFFSHORE WIND PROJECTS YUNLIN & GUANYIN.THE YUNLIN PROJECT, WHICH WILL BE BUILT EIGHT KILOMETER OFF THE COAST OF YUNLIN COUNTY, WILL BE THE FIRST PROJECT AND COMMISSIONED IN 2020/2021 WITH ABOUT 650-700 MW.THE GUANYIN PROJECT, WHICH WILL BE BUILT TWO KILOMETER OFF THE COAST OF TAOYUAN COUNTY, WILL BE THE SECOND PROJECT AND WILL BE COMMISSIONED IN 2021 WITH ABOUT 350 MW.DENMARK'S ORSTED <<>> ANNOUNCED EARLIER ON MONDAY IT HAD WON 900 MW GRID CAPACITY IN ThE TAIWAN AUCTION nL8N1S71F1.  Full Article

Orsted CEO Sees Global Offshore Wind Market To Reach 75 GW By 2025
Thursday, 1 Feb 2018 05:22am EST 

Feb 1 (Reuters) - Orsted A/S ::ORSTED CEO SAYS WE ESTIMATE THAT THE GLOBAL OFFSHORE WIND MARKET WILL REACH 75 GW BY 2025 AND WELL BEYOND 100 GW FROM 2030.  Full Article

Orsted Raises 2017 EBITDA Estimate To DKK 22.5 Bln
Wednesday, 10 Jan 2018 02:56am EST 

Jan 10 (Reuters) - ORSTED A/S ::SAYS EXPECTS AN OPERATING PROFIT (EBITDA) OF APPROX DKK 22.5 BILLION FOR 2017, WHICH IS AN IMPROVEMENT ON OUR MOST RECENT OUTLOOK OF AROUND DKK 21 BILLION."THE INCREASE IS PRIMARILY ATTRIBUTABLE TO STRONG EARNINGS FROM OUR OFFSHORE WIND FARMS IN OPERATION IN THE LAST PART OF THE YEAR, INCLUDING FROM STRONGER WINDS AND FASTER RAMP-UP OF GENERATION FROM THE NEW OFFSHORE WIND FARMS RACE BANK AND WALNEY EXTENSION"."IN ADDITION, EARNINGS FROM PARTNERSHIP AGREEMENTS ARE BETTER THAN EXPECTED DUE TO GOOD PROGRESS AND LOWER COSTS ON THE CONSTRUCTION CONTRACTS FOR RACE BANK AND WALNEY EXTENSION".  Full Article

Orsted Appoints ‍Martin Neubert As CEO Of Wind Power Division
Monday, 8 Jan 2018 02:30am EST 

Jan 8 (Reuters) - ORSTED A/S SAYS::‍MARTIN NEUBERT, SENIOR VICE PRESIDENT IN ORSTED WIND POWER, HAS BEEN APPOINTED NEW CEO OF ORSTED WIND POWER AND EXECUTIVE VICE PRESIDENT​.NEUBERT WILL REPLACE SAMUEL LEUPOLD, CEO OF WIND POWER AT ORSTED, EXECUTIVE VICE PRESIDENT AND MEMBER OF ORSTED EXECUTIVE COMMITTEE, WHO HAS DECIDED TO RESIGN FROM COMPANY.ANDERS LINDBERG, SENIOR VICE PRESIDENT (WIND POWER ENGINEERING, PROCUREMENT & CONSTRUCTION), AND OLE KJEMS SØRENSEN, SENIOR VICE PRESIDENT (WIND POWER PARTNERSHIPS, M&A & ASSET MANAGEMENT), HAVE BEEN APPOINTED EXECUTIVE VICE PRESIDENTS AND WILL JOIN ORSTED'S EXECUTIVE COMMITTEE EFFECTIVE FROM 1 FEBRUARY 2018​.  Full Article

Ørsted Now Expects Full-Year EBITDA To Come In Around DKK 21 bln
Monday, 11 Dec 2017 11:23am EST 

Dec 11 (Reuters) - Orsted A/S ::ØRSTED COMPLETES THE DIVESTMENT OF BORKUM RIFFGRUND 2 OFFSHORE WIND FARM AND NOW EXPECTS FULL-YEAR EBITDA TO COME IN AROUND DKK 21 BILLION.SAYS ‍WE NOW EXPECT EBITDA IN 2017 TO MATERIALISE AT APPROXIMATELY DKK 21 BILLION​.  Full Article

Fugro Wins Ørsted Contracts For Site Investigations
Friday, 1 Dec 2017 04:08am EST 

Dec 1 (Reuters) - FUGRO NV ::WINS ØRSTED CONTRACTS FOR SITE INVESTIGATIONS AT TWO LARGE-SCALE U.S. OFFSHORE WIND PROJECTS‍​.‍SITE INVESTIGATIONS ARE DUE TO COMMENCE AT END OF NOVEMBER AND ARE EXPECTED TO CONTINUE FOR THREE MONTHS​.  Full Article

Oersted ‍successfully issues green bonds​
Thursday, 16 Nov 2017 12:52pm EST 

Nov 16 (Reuters) - Oersted A/S ::Oersted ‍successfully issues green bonds​.Oersted a/s-priced subordinated green hybrid capital securities of eur 500 million and green senior unsecured bonds of eur 750 million.Oersted a/s says ‍new green hybrid security priced at 99.203 percent of nominal amount; new green senior bond priced at 98.840 percent of nominal amount​.  Full Article

Orsted completes divestment of Walney Extension offshore wind farm
Friday, 10 Nov 2017 09:37am EST 

Nov 10 (Reuters) - OERSTED A/S :SAYS ‍COMPLETES DIVESTMENT OF WALNEY EXTENSION OFFSHORE WIND FARM​.SAYS ‍ACQUISITION PRICE WILL BE PAID IN 2017, AND EPC CONTRACT PAYMENTS DURING 2017 AND 2018 FOR WALNEY EXTENSION.ON NOV 1, ORSTED SAID IT HAD AGREED TO DIVEST A 50 PERCENT STAKE IN THE WALNEY EXTENSION PROJECT OFF THE COAST OF NORTHERN ENGLAND IN THE IRISH SEA TO TWO LEADING DANISH PENSION FUNDS nL8N1N74VH​.  Full Article

Orsted CFO sees "biggest ever appetite" from offshore wind investors
Wednesday, 1 Nov 2017 09:52am EDT 

Nov 1 (Reuters) - ORSTED ORSTED CFO MARIANNE WINHOLT MADE FOLLOWING COMMENTS ON A CALL AFTER AGREEING TO SELL A STAKE IN WHAT WILL BE THE WORLD'S BIGGEST OFFSHORE WIND FARM FOR AROUND 2 BILLION POUNDS ($2.65 BILLION). nL8N1N74VH:"WE SEE A VERY VERY HEALTHY APPETITE FOR THESE PROJECTS THAT WE FARM DOWN, IT'S THE BIGGEST APPETITE WE HAVE EVER SEEN.".  Full Article

Oersted Q3 EBITDA falls to 1.8 bln DKK
Wednesday, 1 Nov 2017 09:30am EDT 

Nov 1 (Reuters) - OERSTED A/S :ORSTED (FORMERLY DONG ENERGY) SAYS REPORTED OPERATING PROFIT (EBITDA) FROM CONTINUING OPERATIONS TOTALLED DKK 1.8 BILLION IN Q3 AGAINST DKK 3.1 BILLION IN Q3 2016.SAYS THE OUTLOOK FOR 2017 GROSS INVESTMENTS IS UNCHANGED RELATIVE TO THE ANNUAL REPORT FOR 2016 AND IS STILL EXPECTED TO AMOUNT TO DKK 18-20 BILLION‍​.Q3 REVENUE 11,869 MILLION DKK VERSUS 13,140 MILLION DKK IN REUTERS POLL.  Full Article

UPDATE 2-Orsted looks beyond offshore wind to grow green portfolio

* Looking at onshore wind and storage - CEO (Adds detail, background, shares)