Orsted

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Mads Nipper's photo - President & CEO of Orsted

President & CEO

Mads Nipper

CEO Approval Rating

83/100

Founded:

2006

Status:

PublicIndependent CompanyNasdaq OMX NordicORSTED

Annual Revenue
Employees
Sector

Renewable Energy

ORSTED TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

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Vestas is seen as one of Orsted's top competitors. Vestas was founded in Aarhus, Central Jutland} in 1898. Vestas is in the Multi-Utilities industry. Compared to Orsted, Vestas generates $8.6B more revenue.

Orsted Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$9.4B

Orsted's revenue is the ranked 5th among it's top 10 competitors. The top 10 competitors average 16.8B. Over the last four quarters, Orsted's revenue has grown by 70.4%. Specifically, in Q1 2021's revenue was $3B; in Q4 2020, it was $3.1B; in Q3 2020, it was $1.6B; in Q2 2020, Orsted's revenue was $1.8B.

Orsted Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION

-

Ireland and UK Onshore Wind Business, Brookfield Renewable

Apr 2021

Source »
$701.3M
-
Deepwater Wind, LLC

Oct 2018

Source »
$510M
Deepwater Wind develops, constructs and operates renewable wind power projects.

These are all the companies that Orsted has acquired. Orsted has acquired 2 companies and its latest acquisition was Ireland and UK Onshore Wind Business, Brookfield Renewable in Apr 2021.

Orsted Funding History

Since Orsted was founded in 2006, it has participated in 1 round of funding. In total Orsted has raised $592.2M. Orsted's funding round was on May 2016 for a total of $592.2M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
May 2016
$592.2M
-

Since Orsted was founded in 2006, it has participated in 1 round of funding. In total Orsted has raised $592.2M. Orsted's funding round was on May 2016 for a total of $592.2M

Orsted Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Autogrid develops AI-based software for the energy sector to manage, optimize and benefit from distributed energy resources.
-
Jan 17, 2019
Series D
-
Autogrid develops AI-based software for the energy sector to manage, optimize and benefit from distributed energy resources.
$32M
Sep 09, 2018
Series D
-

These are all the companies that Orsted has invested in. Orsted has invested 2 companies and its latest investment was Ireland and UK Onshore Wind Business, Brookfield Renewable in Apr 2021.

Orsted News

June 18, 2021Offshore Wind

rsted Selects CRP Subsea's Cable Protection System for Borkum Riffgrund 3 and Gode Wind 3

Ørsted has awarded two cable protection system (CPS) contracts to CRP Subsea for the [...]... See more »
June 17, 2021MarketScreener

rsted and Eversource Announce Major Grant for Groton's Project Oceanology

(marketscreener.com) Ørsted and Eversource Announce Major Grant for Groton's Project Oceanology Marin... See more »
June 16, 2021Re News

Orsted joins forces with US energy innovators

Orsted joins forces with US energy innovators... See more »
June 15, 2021Gulf Oil and Gas

Orsted Plans Carbon Capture at Avedore Power Station in Denmark

Orsted has identified the 100 MW straw-fired unit at the Avedore Power Station in Copenhagen as the b... See more »
June 15, 2021MarketScreener

and rsted Launch the Blue Energy Studio to Power Renewable Energy Innovation

(marketscreener.com) The Studio will engage entrepreneurs and corporate partners to realize a future ... See more »
June 15, 2021Offshore Wind

rsted Devising "Band-Aid" Solution for EUR 403 Million Cable Issue

Ørsted is developing a solution that could potentially save the company from spending as [...]... See more »
June 10, 2021Power Technology

rsted acquires Brookfield Renewable Ireland for $684m

Danish wind turbine manufacturer Ørsted has acquired Brookfield Renewable's Ireland and UK onshore wi... See more »

Orsted Press Releases

April 22, 2021StreetInsider

rsted to present results for first quarter 2021 on 29 April

Ørsted will release its results for the first quarter of 2021 on Thursday 29 April 2021. The results... See more »
April 12, 2021StreetInsider

PSEG and rsted Complete PSEG's Acquisition of 25% Interest in Ocean Wind

NEWARK, N.J., April 12, 2021 /PRNewswire/ -- PSEG and Ørsted today announced they have completed PS... See more »
January 27, 2021StreetInsider

rsted to present full-year 2020 results on 3 February

Ørsted will release its results for the full-year 2020 on Wednesday, 3 February 2021. The results wi... See more »
January 25, 2021CSRwire

rsted Again Ranked World's Most Sustainable Energy Company

Corporate Knights' 17th annual Global 100 index of the world's most sustainable companies has ranked ... See more »
January 5, 2021ASIA TODAY

The Rundown rsted signs investment agreement for Taiwan wind farm

Jan 05, 2021 Picture: Ørsted signs investment agreement for Taiwan wind farm Danish wind power devel... See more »
December 4, 2020PR Newswire

PSEG to Acquire 25% Ownership Interest in Ocean Wind, New Jersey's First Offshore Wind Farm

NEWARK, N.J., Dec. 4, 2020 /PRNewswire/ -- Public Service Enterprise Group (PSEG) today announced it ... See more »
November 5, 2020CSRwire

rsted's Carbon Reduction Targets Are in Line With What Science Says Is Needed to Stop Global Warming at 1.5C

Ørsted is decarbonising its energy generation much faster than science requires from the energy secto... See more »

Orsted Videos

Social Media

Orsted Headquarters

Kraftaerksvej 53 Skaerbaek

Fredericia, North Jutland7000

45-99-55-11-11

Driving Directions »

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Orsted Summary

ABOUT

Overview

Orsted is a renewable energy company that develops, constructs and operates offshore and onshore wind farms and solar power plants. Orsted was founded in 2006. Orsted's headquarters is located in Fredericia, North Jutland, DK 7000. It has raised 592.2...

CEO

Orsted's President & CEO, Mads Nipper, currently has an approval rating of 83%. Orsted's primary competitors are Vestas, NextEra Energy & Iberdrola.

Website

orsted.com

Frequently Asked Questions about Orsted

  1. When was Orsted founded?

    Orsted was founded in 2006
  2. Who is Orsted's CEO?

    Orsted's CEO is Mads Nipper
  3. How much revenue does Orsted generate?

    Orsted generates $9.4B in revenue
  4. How much funding does Orsted have?

    Orsted has historically raised $592.2M in funding
  5. Where is Orsted's headquarters?

    Orsted's headquarters is in Fredericia North Jutland, DK
  1. How many employees does Orsted have?

    Orsted has 6,179 employees
  2. What sector does Orsted operate in?

    Orsted is in Renewable Energy
  3. Who are Orsted's competitors?

    Orsted's top competitors are Vestas, NextEra Energy, Iberdrola
  4. Who has Orsted invested in?

    Orsted's has invested in companies such as AutoGrid, AutoGrid