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Orsted
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Short description

Developer of natural gas and wind energy projects (fka DONG Energy)

Founded in 2006
Founded in

Company type Public Public (ORSTED.CO)
Company type

Industry Group

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TRL Range
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

Ticker

Headquarters Denmark Fredericia, Denmark
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Parent Companies

Updated by at on 06/27/2024

Edited by Cleantech Group on 12/23/2024

Traction
  • 1 M&A items
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Date Company
05/22/2024

Microsoft Microsoft

Orsted will sell a further one million tons of carbon removal over a ten-year period to Microsoft from Avedore Power Station.

Confirmed by Microsoft

Partnerships
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Date Partner Type
03/10/2022
Maersk Maersk
The pair have signed a letter of intent to partner on a 675MW power-to-X facility in the US supplied by 1200MW of onshore wind and solar energy.
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Confirmed by Maersk
Project Development
Investment Rounds
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IPO INFORMATION

Date

05/12/2016

IPO status

Listed

IPO Type

IPO

Amount

Initial shares

Ticker symbol

ORSTED.CO

Exchange listed

NASDAQ OMX NORDIC

Prospectus URL

Prospectus

Source URL

Source

Description

Orsted's shares are listed on Nasdaq Copenhagen.

Date Investors Type Amount
10/08/2024 Equinor Ventures Equinor Ventures (1)
Post-money valuation of
Equinor acquires 9.8% stake in Orsted to support the development of offshore wind projects.
Project Finance
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