Ørsted Achieves Strong EBITDA Growth and Advances Offshore Operations

Ørsted A/S reported a 19% rise in EBITDA for the first nine months of 2026, excluding new partnerships and cancellation fees, in its recent interim report. This growth is attributed to higher wind speeds, increased prices, and enhanced output from new offshore projects. During this period, the company reached commercial operations at the Borkum Riffgrund 3 wind farm in Germany and Revolution Wind in the US.

The company also marked significant progress in its offshore projects worldwide, maintaining its strategic goals while reducing gross investment expectations by DKK 5 billion, down to DKK 45-50 billion. Ørsted's renewable capacity grew by 1.8 GW, totaling 19.5 GW. Despite these advances, profit for the period decreased to DKK 2.6 billion due to non-cash impairments in the US.

CEO Rasmus Errboe highlighted consistent performance and the company's ability to meet strategic goals while exploring growth opportunities in key markets. Ørsted's offshore assets delivered 15.7 TWh of renewable energy, marking a 22% increase from the previous year.