Ørsted (company)

Ørsted A/S (formerly DONG Energy) is a Danish multinational energy company. Headquartered in Fredericia, Denmark, Ørsted is the largest energy company in Denmark. The company adopted its current name on 6 November 2017. It was previously known as DONG.

Ørsted A/S
Company typeAktieselskab
Nasdaq Copenhagen: ORSTED
ISINDK0060094928 
IndustryElectricity generation
PredecessorDansk Naturgas A/S
Elsam
Energi E2
NESA
Københavns Energi
Frederiksberg Forsyning
Founded14 March 2006 (2006-03-14) (as DONG Energy)
Headquarters,
Key people
Mads Nipper (CEO)
Thomas Thune Andersen (Chairman)
ProductsElectricity
Revenue 77.7 billion kr. (2021)
16.2 billion kr. (2021)
10.9 billion kr. (2021)
Total assets 270.4 billion kr. (2021)
Total equity 85.1 billion kr. (2021)
Number of employees
6,836 (end 2021)
Websiteorsted.com

As of January 2022, the company is the world's largest developer of offshore wind power by number of built offshore wind farms. Ørsted developed approximately 30% of the global offshore wind power installed capacity, excluding mainland China. Globally, Ørsted produces 90% of its energy from renewable sources, and has an objective of exceeding 95% by 2023 and 99% by 2025. The company has a goal of net zero generation by 2025 and no carbon emissions by 2040.

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