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Description
Danish company Orsted was named Dong Energy until the sale of all its oil and gas fields to Ineos in 2017, soon after the May 2016 IPO. Orsted is now focused on offshore wind farms. It operated 4.4 GW of offshore wind farms at the end of 2017 and will operate 8.9 GW by 2022, including the farms currently under construction. The U.K. is the biggest country of operation, along with Denmark and Germany. The group intends to penetrate new markets such as the U.S. or Taiwan. Orsted is also involved in more traditional utilities business like conventional power plants, electricity supply, and electricity distribution networks in Denmark, but these activities are noncore. Orsted intends to phase out coal by 2023.
Key Stats
Website https://orsted.com
Headquarter country Denmark
Employees 6.608
Market Cap (at close 18-05-2018) DKK 175B
Morningstar Sector
Morningstar Industry
Stock Style
Fiscal Year Ends december
Board of Directors

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22. maj 2018 00:34:46
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20180515.2 - EUROWEB3 - 2018-05-22 00:34:46 - 2018-05-22 00:34:46 - 1 - Website: OKAY