Ørsted

company

About

Ørsted develops and maintains offshore and onshore renewable energy farms, energy storage facilities, and bioenergy plants.

Details

Last Funding Type
Grant
Last Funding Money Raised
kr600M
Industries
Energy,Energy Storage,Renewable Energy,Trading Platform
Founded date
Mar 14, 2006
Number Of Employee
5001 - 10000
Operating Status
Active
Stock Symbol
cph:ORSTED
Legal Name
Ørsted A/S
Also Known As
Dong Energy

Ørsted develops and maintains offshore and onshore renewable energy farms, energy storage facilities, and bioenergy plants.

The company's vision is a world that runs entirely on green energy. A decade ago, Ørsted initiated its transformation from a black to a green energy company as DONG Energy. Since then, the company reduced its coal consumption by 73% and decided to fully phase out coal by 2023. Ørsted becomes a global leader in offshore wind with a market share of 25%, currently powering 9.5 million people.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
kr600M €500M £1.10M
Ørsted has raised a total of kr600M €500M £1.10M in funding over 2 rounds. Their latest funding was raised on Dec 16, 2022 from a Grant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 16, 2022 Grant kr600M 1 European Commission Detail
Sep 28, 2021 Post-IPO Debt €500M 1 European Investment Bank Detail
Jun 10, 2016 IPO Detail
Aug 16, 2013 Seed £1.10M Detail

Investments

Number of Investments
Number of Lead Investments
3
0
Ørsted has made 3 investments. Their most recent investment was on Sep 10, 2018, when Autogrid raised $32M.
Date Company Name
Round Money Raised Industry Lead Investor
Sep 10, 2018 Autogrid
Series D $32M Analytics
Jul 23, 2018 Volta Charging
Series C $35M Advertising
Jul 11, 2016 Carbon Trust
Series Unknown $8.30M Clean Energy

Investors

Number of Lead Investors
Number of Investors
2
2
Ørsted is funded by 2 investors. European Commission and European Investment Bank are the most recent investors.
Investor Name Lead Investor Funding Round
European Commission Yes Grant
European Investment Bank Yes Post-IPO Debt

Employee Profiles

Number of Employee Profiles
10
Ørsted has 10 current employee profiles, including Executive Mads Nipper
Executive
Executive
Executive
Executive
Executive

Exits

Ørsted has had 2 exits. Ørsted most notable exits include Autogrid ,   Volta Charging

Date Company Name Exit Type Industry
May 11, 2022 Autogrid M&A Analytics Detail
Aug 27, 2021 Volta Charging M&A Advertising Detail

Acquisition

Ørsted has acquired 3 organizations. Their most recent acquisition was Lincoln Clean Energy on Aug 9, 2018. They acquired Lincoln Clean Energy for $580M.

Date Company Name
Industry Acquisition Type Price
Clean Energy acquisition $ 580M Detail
Oct 8, 2018 Deepwater Wind
Clean Energy acquisition Detail
Jul 22, 2022 OSTWIND
Energy acquisition Detail