Completion of rights issue and strong execution of business plan

Ørsted A/S (Orsted) Completion of rights issue and strong execution of business plan 05-Nov-2025 / 08:00 CET/CEST 5.11.2025 08:00:01 CET | Ørsted A/S | Interim report (Q1 and Q3)

Today, Ørsted’s Board of Directors approved the interim report for the first nine months of 2025.

Ørsted has taken significant steps in delivering on its strategic priorities during the third quarter. This includes the strengthening of its capital structure through the completion of the rights issue and the divestment of a 50 % equity stake in the 2.9 GW Hornsea 3 Offshore Wind Farm in the UK. The operational performance has remained solid, and Ørsted reiterates its full-year EBITDA guidance.

Rasmus Errboe, Group President and CEO of Ørsted, says in a comment to the interim report for the first nine months of 2025:

“I’m satisfied with the good progress across our entire construction portfolio and our solid operational performance. Despite lower wind speeds in the quarter, we have increased the generation by 8 % compared to Q3 2024 through a combination of higher availability rates for our offshore portfolio and ramping up generation from Gode Wind 3 in Germany.”

“We’ve significantly strengthened Ørsted’s financial robustness with the completion of the rights issue and the agreement to divest a 50 % stake in our Hornsea 3 project in the UK. I’m pleased with the strong support from our shareholders. I see this as a strong indication that our investors see significant potential in Ørsted and in the offshore wind industry. Our key focus is to continue delivering on our business plan, which will enable Ørsted to remain a global leader of offshore wind with a strong foothold in Europe.”

Highlights from the execution of our business plan in Q3
We have significantly strengthened our capital structure with the completion of the rights issue, amounting to DKK 60 billion in gross proceeds. As planned, we have divested a 50 % equity stake of our 2.9 GW Hornsea 3 Offshore Wind Farm in the UK, which supports a further strengthening of our capital structure.