
Ørsted posts DKK 1.7bn Q3 loss as offshore wind earnings ease
Ørsted reported a DKK 1.7bn net loss in Q3 2025, reversing a prior-year profit as offshore wind earnings weakened amid lower wind speeds.

Ørsted reported a DKK 1.7bn net loss in Q3 2025, reversing a prior-year profit as offshore wind earnings weakened amid lower wind speeds.

Ørsted has agreed to sell a 50% stake in its 2.9 GW Hornsea 3 offshore wind project in the UK to Apollo for about DKK 39 billion ($6 billion).

BigLift Baffin, one of BigLift Shipping’s MC-Class vessels, is transporting the second Hornsea 3 substation topside from Thailand to Norway, marking a key milestone for Ørsted’s 2.9 GW offshore wind project.
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