Orsted

Ørsted A/S, along with its associated entities, is a prominent energy company that specializes in the comprehensive lifecycle of renewable power assets. This encompasses the conceptualization, building, ownership, and active management of various sustainable energy facilities, including offshore and onshore wind parks, solar power arrays, energy storage solutions, and bioenergy plants. The company's operations are segmented into three distinct divisions: Offshore, Onshore, and Markets & Bioenergy. The Offshore division focuses on the establishment, construction, ownership, and ongoing management of vast offshore wind farms located in key global markets such as the United Kingdom, Germany, Denmark, the Netherlands, the United States, Taiwan, Japan, and South Korea. In contrast, the Onshore segment primarily develops, owns, and operates land-based wind and solar energy facilities, with a specific geographical focus on the United States. Lastly, the Markets & Bioenergy division is involved in generating heat and electricity through combined heat and power plants within Denmark, trading power and gas on both wholesale and business-to-business markets, and carefully optimizing and hedging its overall energy portfolio. Established in 1972, the company was previously recognized as DONG Energy A/S before officially changing its name to Ørsted A/S in November 2017. Its principal corporate offices are situated in Fredericia, Denmark.