Orsted

Fredericia, Denmark Founded: 2006 • Age: 20 yrs Acquired By ECP
Power generation via bioenergy, thermal, and wind sources is offered.
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About Orsted

Orsted is a company based in Fredericia (Denmark) founded in 2006 was acquired by ECP in November 2022.. The company has 8,280 employees as of December 31, 2024. Orsted has completed 3 acquisitions, including Deepwater Wind, Lincoln Clean Energy and OSTWIND. Orsted offers products and services including Offshore Wind Farms, Onshore Wind Farms, Solar and Storage Solutions, and Bioenergy Plants. Orsted operates in a competitive market with competitors including Octopus Energy, Nel Hydrogen, ScottishPower, EDP Renewables and ReNew, among others.

  • Headquarter Fredericia, Denmark
  • Employees 8280 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Orsted
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Energy & Utilities → Energy Storage & Efficiency
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
    $8.2 B (USD)
    -14.83
    as on Dec 31, 2024
  • Net Profit
    $-128.58 M (USD)
    95.62
    as on Dec 31, 2024
  • EBITDA
    $1.06 B (USD)
    -11.9
    as on Dec 31, 2024
  • Latest Funding Round
  • Investors
    Gov.uk

    & 3 more

  • Employee Count
    8280

    as on Dec 31, 2024

  • Investments & Acquisitions
  • Acquired by
    ECP

    (Nov 17, 2022)

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IPO & Listings of Orsted

Orsted is a publicly listed company on the OMXCOP with ticker symbol ORSTED in Denmark, operating in the Utilities sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: OMXCOP · Ticker: ORSTED . Sector: Utilities · Denmark

Products & Services of Orsted

Orsted offers a comprehensive portfolio of products and services, including Offshore Wind Farms, Onshore Wind Farms, Solar and Storage Solutions, and Bioenergy Plants. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Generates electricity from turbines on the seabed for sustainable power.

Produces power from land-based wind turbines for grid integration.

Delivers reliable solar power and batteries for peak energy demand.

Converts biomass into heat and power as a sustainable alternative.

People of Orsted
Headcount 5000-10000
Employee Profiles 765
Board Members and Advisors 11
Employee Profiles
People
Lee Na Tan
Senior Database Technical Consultant
People
Jesper Bak
Safe Release Train Engineer
People
Monika O.
Junior Architect
People
Marcel I.
Sr. Procurement | Contract Manager Hon04

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Board Members and Advisors
people
Peter Korsholm
Member of the board
people
Benny Gøbel
Employee Elected Board Member
people
Dieter Wemmer
Member of the board
people
Jørgen Kildahl
Member of the board

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Funding Insights of Orsted

  • Total Funding
  • Total Rounds 8
  • Last Round
  • First Round

    (01 Jan 2016)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2024 Amount Post-IPO - Orsted Valuation

investors

Oct, 2024 Amount Post-IPO - Orsted Valuation

investors

Jan, 2021 Amount Grant - Orsted Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Orsted

Orsted has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Gov.uk, Equinor and Energy Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Energy Capital Partners is focused on energy transition infrastructure investments.
Founded Year Domain Location
Petroleum, natural gas, petrochemicals, and electrical power are produced globally.
Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Orsted

Orsted has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Deepwater Wind, Lincoln Clean Energy and OSTWIND. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Clean energy projects are developed from concept to operation.
2009
Offshore wind power developer
2008
Wind farms are developed and installed for renewable energy projects.
1992
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Orsted

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Orsted Comparisons

Employees
+
Add Comparison
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Competitors of Orsted

Orsted operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Octopus Energy, Nel Hydrogen, ScottishPower, EDP Renewables and ReNew, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Utility bill management platform is provided for tracking and billing.
domain founded_year HQ Location
Provider of hydrogen production and storage solutions
domain founded_year HQ Location
Wind energy is generated, transmitted, and distributed by ScottishPower.
domain founded_year HQ Location
Generation of wind power
domain founded_year HQ Location
Utility-scale renewable energy generation and decarbonization solutions are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Orsted

Frequently Asked Questions about Orsted

When was Orsted founded?

Orsted was founded in 2006 and raised its 1st funding round 10 years after it was founded.

Where is Orsted located?

Orsted is headquartered in Fredericia, Denmark.

How many employees does Orsted have?

As of Dec 31, 2024, the latest employee count at Orsted is 8,280.

What is the annual revenue of Orsted?

Annual revenue of Orsted is $8.2B as on Dec 31, 2024.

What does Orsted do?

Orsted was established in 2006 in Fredericia, Denmark, within the power generation sector. Bioenergy, thermal power, and wind power are produced by the company, alongside distribution services to businesses. Operations focus on renewable and traditional energy sources. In 2022, annual revenues of 16.9 billion were achieved, with a net profit of 1.65 billion recorded. The companys domain is orsted.com.

Who are the top competitors of Orsted?

Orsted's top competitors include Octopus Energy, Lhyfe and ScottishPower.

What products or services does Orsted offer?

Orsted offers Offshore Wind Farms, Onshore Wind Farms, Solar and Storage Solutions, and Bioenergy Plants.

Is Orsted publicly traded?

Yes, Orsted is publicly traded on OMXCOP under the ticker symbol ORSTED.

How many acquisitions has Orsted made?

Orsted has made 3 acquisitions, including Deepwater Wind, Lincoln Clean Energy, and OSTWIND.

Who are Orsted's investors?

Orsted has 4 investors. Key investors include Gov.uk, Equinor, Energy Capital Partners, and European Union.

What is Orsted's ticker symbol?

The ticker symbol of Orsted is ORSTED on OMXCOP.

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