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Orsted A/S (ORSTED.CO)

ORSTED.CO on Copenhagen Stock Exchange

353.20DKK
8:48am GMT
Change (% chg)

kr.8.60 (+2.50%)
Prev Close
kr.344.60
Open
kr.351.00
Day's High
kr.355.70
Day's Low
kr.347.50
Volume
266,018
Avg. Vol
751,243
52-wk High
kr.388.00
52-wk Low
kr.238.10

Latest Key Developments (Source: Significant Developments)

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

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 

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 

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 

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 

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 

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

Orsted divests 50 pct of Walney extension offshore wind farm
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - OERSTED (FORMERLY DONG ENERGY) SAYS:DIVESTS 50 pct OF WALNEY EXTENSION OFFSHORE WIND FARM AND INCREASES OUTLOOK FOR 2017.SAYS ‍FOLLOWING FARM DOWN OF 50 pct OF WALNEY EXTENSION, ØRSTED INCREASES ITS EBITDA GUIDANCE FOR 2017 FROM DKK 17-19BN TO DKK 19-21BN​.SAYS ‍HAS SIGNED AN AGREEMENT TO SELL 50 PCT OF WALNEY EXTENSION, A 659 MEGAWATT (MW) UK OFFSHORE WIND FARM PROJECT TO A CONSORTIUM CONSISTING OF PKA AND PFA, TWO LEADING DANISH PENSION FUNDS.THE TOTAL SALES PRICE COMPRISES THE ACQUISITION OF A 50 pct OWNERSHIP SHARE AND THE COMMITMENT TO FUND 50 PCT OF THE PAYMENTS UNDER THE EPC CONTRACT FOR THE ENTIRE WIND FARM (INCLUDING THE TRANSMISSION ASSETS), AND AMOUNTS TO AROUND 2 BLN GBP, WHICH WILL BE PAID DURING 2017 AND 2018​.  Full Article

DONG Energy's name change to Orsted takes effect on Oct 31
Monday, 30 Oct 2017 

Oct 30 (Reuters) - DONG ENERGY :AT AN EXTRAORDINARY GENERAL MEETING ON MONDAY, IT WAS DECIDED TO CHANGE THE COMPANY'S NAME FROM DONG ENERGY A/S TO ØRSTED A/S nL8N1MD45C.AS A RESULT OF THE NAME CHANGE, THE COMPANY'S TICKER SYMBOL IS CHANGING TO ORSTED.THE CHANGE WILL TAKE EFFECT AT THE START OF TRADING ON 31 OCTOBER 2017 .ON OCT 2, THE FIRM ANNOUNCED ITS NAME CHANGE FROM DONG ENERGY, ORIGINALLY SHORT FOR DANISH OIL AND NATURAL GAS, TO ORSTED nL8N1MD45C.  Full Article

New Energy Investment to sell 11.4 mln shares in Dong Energy A/S - Bookrunner
Thursday, 12 Oct 2017 

Oct 12 (Reuters) - BOOKRUNNER::BOOKRUNNER - NEW ENERGY INVESTMENT S.À R.L. AGREED TO SELL 11,435,215 EXISTING SHARES IN DONG ENERGY A/S ‍​.BOOKRUNNER - SALE EQUIVALENT TO 2.7% OF THE EXISTING SHARES AND VOTING RIGHTS IN DONG.BLOCK TRADE - DONG ENERGY: BOOKRUNNER - SALE TO INSTITUTIONAL INVESTORS AT A PRICE OF DKK 375 PER SHARE, PURSUANT TO AN ACCELERATED BOOKBUILT OFFERING.BLOCK TRADE - DONG ENERGY: BOOKRUNNER - NEI IS A LUXEMBOURG CO INDIRECTLY OWNED BY ENTITIES UNDER THE CONTROL OF GOLDMAN SACHS GROUP.BLOCK TRADE - DONG ENERGY: BOOKRUNNER - GOLDMAN SACHS, MORGAN STANLEY, UBS, J.P. MORGAN ACTED AS JOINT BOOKRUNNERS, DANSKE BANK ACTED AS CO-BOOKRUNNER.BLOCK TRADE - DONG ENERGY: BOOKRUNNER - FOLLOWING SETTLEMENT, NEI WILL NO LONGER HOLD ANY SHARES IN DONG.BLOCK TRADE - DONG ENERGY: BOOKRUNNER - DONG WILL NOT RECEIVE ANY PROCEEDS FROM THE TRANSACTION.  Full Article

Dong Energy says received bookbuild offering of 11,435,215 existing shares by New Energy Investment S.a.r.l. ​
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - :‍accelerated bookbuild offering Of 11,435,215 existing shares in Dong Energy A/S By New Energy Investment S.À.R.L. <<>>​.  Full Article

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Twenty companies join nations planning coal phase out

PARIS About 20 companies including Unilever, EDF and Iberdrola joined an international alliance of 26 nations on Tuesday pledging to phase out coal to combat global warming.