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Orsted A/S (ORSTED.CO)

ORSTED.CO on Copenhagen Stock Exchange

407.00DKK
17 Aug 2018
Change (% chg)

kr.4.40 (+1.09%)
Prev Close
kr.402.60
Open
kr.403.00
Day's High
kr.408.30
Day's Low
kr.401.80
Volume
230,626
Avg. Vol
432,427
52-wk High
kr.432.00
52-wk Low
kr.318.00

Latest Key Developments (Source: Significant Developments)

Dominion Energy, Ørsted Advance Offshore Wind Development
Friday, 3 Aug 2018 

Aug 3 (Reuters) - Dominion Energy Virginia::DOMINION ENERGY, ØRSTED ADVANCE OFFSHORE WIND DEVELOPMENT.DOMINION ENERGY VIRGINIA - APPROVAL SOUGHT TO BUILD TWO, 6-MEGAWATT WIND TURBINES OFF VIRGINIA'S COAST.DOMINION ENERGY VIRGINIA SAYS THE $300 MILLION PROJECT WILL BE FUNDED THROUGH EXISTING BASE RATES, ENABLED BY GRID TRANSFORMATION & SECURITY ACT.  Full Article

NKT Awarded Hornsea 2 Offshore AC Cable Project
Wednesday, 4 Jul 2018 

July 4 (Reuters) - Nkt A/S ::REG-NKT AWARDED HORNSEA 2 OFFSHORE AC CABLE PROJECT.AWARDED A CONTRACT BY ØRSTED OF OVER EUR 145M (APPROX. DKK 1.08BN).AWARD OF HORNSEA 2 DOES NOT CHANGE 2018 FINANCIAL OUTLOOK FOR NKT..CONTRACT VALUE CORRESPONDS TO APPROX. EUR 110M IN STANDARD METAL PRICES (APPROX. DKK 820M).  Full Article

Orsted Says It Is Not Preparing EDPR Takeover - CMVM
Wednesday, 27 Jun 2018 

June 27 (Reuters) - PORTUGUESE SECURITIES MARKET COMMISSION (CMVM)::SAID ON TUESDAY ORSTED A/S <<>> INFORMED IT WAS NOT PREPARING POTENTIAL TRANSACTION CONCERNING ALL OR PART OF THE SHARES OF EDP RENOVAVEIS SA <<>> OR ANY OF ITS ASSETS OR AFFILIATES.  Full Article

Taiwan's First Offshore Wind Farm Reaches Financial Close
Friday, 8 Jun 2018 

June 8 (Reuters) - :ORSTED SAYS FINANCIAL CLOSE ACHIEVED FOR TAIWAN'S FORMOSA 1 OFFSHORE WIND FARM.ORSTED SAYS A FINANCIAL CONSORTIUM OF ELEVEN INTERNATIONAL AND LOCAL TAIWANESE BANKS AS WELL AS EKF DENMARK'S EXPORT CREDIT AGENCY HAS COMPLETED NT$18.7BN 16-YEAR PROJECT FINANCING.IT IS THE FIRST PROJECT FINANCING IN THE TAIWANESE OFFSHORE WIND INDUSTRY.FORMOSA 1 IS A JOINT VENTURE BETWEEN ØRSTED (35% OWNERSHIP), TAIWANESE DEVELOPER SWANCOR RENEWABLE (15%), AND MACQUARIE CAPITAL (50%).  Full Article

German Wind Power Company WPD Wins 1 GW Grid Capacity In Taiwan
Monday, 30 Apr 2018 

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 

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 

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 

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 

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

Deals of the day-Mergers and acquisitions

Aug 9 The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Thursday: