Orsted AS

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Ørsted A/S engages in the provision of renewable energy solutions. It operates through the following segments: Offshore, Onshore, and Bioenergy and Other. The Offshore segment develops and operates offshore wind farms in the United Kingdom (UK), Germany, Denmark, Poland, the Netherlands, the U.S., Taiwan, Vietnam, and Korea. The Onshore segment includes wind, solar photovoltaic (PV), and storage projects across the Southern and Midwestern U.S. and in the UK and Ireland. The Bioenergy and Other segment deals with the generation of thermal power through combined heat and power (CHP) plants. The company was founded on March 27, 1972 and is headquartered in Fredericia, Denmark.

Now may be the perfect time to buy shares in green energy giant Ørsted, analysts at UBS said on Wednesday, with winds of change picking up, even as the stock has tumbled more than 30% in 2021.

The price of this promising green energy stock has fallen and now is the time to buy, says UBS

Dampening sentiment on renewables stocks since February and surprise costs have hurt shares in the Danish group. But UBS says it's looking up.

Ørsted Is Under Pressure. Why Now Is the Perfect Time To Buy the Wind Giant.

Ørsted has identified the 100 MW straw-fired unit at the Avedøre Power Station in Copenhagen as the best point source of sustainable CO2 for the next phases of the Green Fuels for Denmark Power-to-X facility in the Greater Copenhagen area which over time is planned to reach a total capacity of 1.3 GW and have a carbon emission abatement potential of 850,000 tonnes yearly. If the project at Avedøre Power Station is realised, it could become Ørsted's first carbon capture facility. A future final investment decision for the carbon capture project is subject to the realisation of the parts of Green Fuels for Denmark that will produce e-methanol and e-kerosene.

Ørsted plans carbon capture at Avedøre Power Station as part of the Green Fuels for Denmark project

Enphase Energy

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

iShares Global Clean Energy ETF

NextEra Energy

VanEck Low Carbon Energy ETF

Vestas Wind Systems A/S

These seven ESG stocks are a perfect way to invest in clean energy as renewable resources gain popularity over traditional ones like oil. The post 7 ESG Stocks to Buy as Activists Take Aim at Big Oil appeared first on InvestorPlace.

7 ESG Stocks to Buy as Activists Take Aim at Big Oil

Further to our company announcement issued on 16 April 2021, Ørsted has completed the acquisition of a 100 % equity interest in Brookfield Renewable's onshore wind business in Ireland and the UK, Brookfield Renewable Ireland (BRI).

Ørsted completes acquisition of Ireland and UK onshore wind power platform from Brookfield Renewable

Ørsted joins consortium with Fred. Olsen Renewables and Hafslund Eco establishing a long-term partnership to develop offshore wind in Norway and to compete in Norway's upcoming application round for offshore wind areas.

Ørsted joins Norwegian offshore wind consortium with Fred. Olsen Renewables and Hafslund Eco

As a global sustainability leader with a strong commitment to protect biodiversity, Ørsted sets the ambition to deliver a net-positive biodiversity impact from all new renewable energy projects it commissions from 2030 at the latest. The ambition is part of the company's new strategy.

Ørsted aims for net-positive biodiversity impact from new projects commissioned from 2030

On Ørsted's Capital Markets Day, the company announced its new commitment to either reuse, recycle, or recover all of the wind turbine blades in Ørsted's global portfolio of onshore and offshore wind farms upon decommissioning. The commitment comes as a part of Ørsted's new company strategy which includes an ambition to expand its leading sustainability position and as part of the work towards achieving a carbon-neutral footprint by 2040.

Ørsted commits to sustainable recycling of wind turbine blades

In connection with the company's Capital Markets Day, the Board of Directors today approved Ørsted's new strategic ambition and financial guidance.

Ørsted accelerates growth to realise its full potential as a global green energy major

Dominion Energy

RICHMOND, Va., June 1, 2021 /PRNewswire/ -- Dominion Energy, Ørsted and Eversource announced today an agreement for Ørsted and Eversource to charter Dominion Energy's Charybdis, the first Jones Act-qualified offshore wind turbine installation vessel in the United States, for the construction of two offshore wind farms in the Northeast.

Dominion Energy, Ørsted and Eversource Reach Deal on Contract to Charter Offshore Wind Turbine Installation Vessel

Further to the announcement issued on 7 April 2021, Ørsted has today completed the divestment of 50 % of the Borssele 1 & 2 Offshore Wind Farm in the Netherlands to Norges Bank Investment Management.

Ørsted completes partnership with Norges Bank Investment Management on Borssele 1 & 2

Today, Ørsted and HOFOR (Greater Copenhagen Utility) entered into an agreement that will secure green power for part of the potential 1.3 GW Green Fuels for Denmark project to produce sustainable fuels in the Greater Copenhagen area.

Ørsted and HOFOR enters into agreement on green power for groundbreaking hydrogen project

Announcement builds upon existing relationship between the two companies.

Denmark's Orsted to work with South Korean steel giant on offshore wind, renewable hydrogen

North Iowa Municipal Electric Cooperative Association (NIMECA) enters into a long-term agreement to purchase energy from Willow Creek Wind in Butte County, South Dakota, US.

Ørsted signs power purchase agreement with Iowa power supplier NIMECA

Equinor

Equinor, RWE and Hydro REIN will work together on submitting proposal to authorities in Norway.

European energy giants team up to develop large-scale offshore wind project in North Sea

The consortium will bid into two areas in Japan's first offshore wind auction.

Ørsted, JWD, and Eurus form offshore wind partnership in Akita

Today, Dan Jørgensen, the Danish minister for Climate, Energy & Utilities, led the groundbreaking ceremony of the H2RES project, marking the onsite construction start of Ørsted's first renewable hydrogen project.

Ørsted breaks ground on first renewable hydrogen project

Ørsted has appointed Richard Hunter Chief Operating Officer (COO) and new member of the Executive Committee of Ørsted as of 1 June 2021. Richard Hunter comes from a position as President of Rail Control Solutions and Wayside in Bombardier Transportation.

Ørsted appoints new COO

With the closing of the agreement, which was first announced on 10 February 2021, PGE and Ørsted now each own 50% of the shares in the offshore wind projects Baltica 2 and Baltica 3, together comprising the Baltica Offshore Wind Farm, the largest offshore wind project in the Polish part of the Baltic Sea. The partners will jointly build and operate the offshore wind farms which will have a total installed capacity of up to 2.5 GW.

PGE and Ørsted have closed the joint venture agreement for Polish offshore wind projects

Ørsted A/S (DNNGY) CEO Mads Nipper on Q1 2021 Results - Earnings Call Transcript

MSD enters into an agreement to purchase energy from the Armadillo Solar Center in Navarro County, Texas. With the PPA, Ørsted is extending its industrial customer base to the pharmaceutical industry. The Center is expected to be operational by early 2023.

Ørsted signs power purchase agreement with MSD

Ørsted, the global leader in offshore wind, and Enefit, a leading utility and the largest wind energy company in the Baltics, have today signed a memorandum of understanding (MoU) which outlines a vision for becoming the leading offshore wind developer in the Baltic countries. The MoU also sets out a vision to jointly move towards delivering the first offshore wind farm in the Gulf of Riga in the Baltic Sea, before 2030.

Ørsted and Enefit form partnership to deliver large-scale offshore wind in the Baltics

Ørsted will release its results for the first quarter of 2021 on Thursday 29 April 2021. The results will be released at approx. 8:00 CEST.

Ørsted to present results for first quarter 2021 on 29 April

Ørsted and ATP have joined forces to submit a bid in the upcoming tender for the Danish North Sea energy island. The new partnership brings together the capabilities of the world's leading offshore wind developer and Denmark's largest institutional investor.

Ørsted and ATP team up for bid on North Sea energy island

Europe is home to a well-developed wind energy industry encompassing both onshore and offshore installations.

News for Orsted AS Stock (DNNGY)