Cathay Buys 55% of Greater Changhua 2
24, December 2025
Ørsted agreed to sell a 55% stake in the 632 MW Greater Changhua 2 offshore wind project to Cathay, with closing aligned to commercial operations expected in Q3 2026.
Ørsted
Borkum Riffgrund 3 Feeds First Power into Germany’s Grid
5, December 2025
Borkum Riffgrund 3, Germany’s largest offshore wind farm, began feeding electricity to the grid on 3 December 2025, with full operation expected in Q1 2026.
Ørsted Introduces Osonic Platform and Signs Initial Deal with Luxcara
14, November 2025
Ørsted has rolled out its Osonic monopile installation method for commercial use following trials at Gode Wind 3. The company formed a new collaboration with Luxcara, which plans to use the technique across its offshore wind projects in Germany.
Ørsted Rules Out Merger or Takeover of Equinor’s Renewables Business
7, November 2025
Ørsted said it has no plans to merge with or take over Equinor’s renewables business, following Equinor’s proposal for closer ties. The Danish offshore wind company said it remains focused on executing its strategy.
Ørsted posts DKK 1.7bn Q3 loss as offshore wind earnings ease
5, November 2025
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 seals $6 bn Hornsea 3 offshore wind deal with Apollo
4, November 2025
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 Transports Second Hornsea 3 Substation Topside from Thailand to Europe
27, October 2025
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.
Ørsted Announces Major Organizational Overhaul to Boost Global Competitiveness
10, October 2025
Ørsted has unveiled a major organizational restructuring to cut 2,000 jobs by 2027, refocusing on offshore wind and achieving DKK 2 billion in annual savings.
Ørsted raises $9.4 billion to strengthen balance sheet after U.S. offshore wind setbacks
8, October 2025
Ørsted has raised $9.4 billion through a major rights issue to strengthen its finances after challenges in the U.S. offshore wind sector. The capital will fund Sunrise Wind and support the company’s global renewable energy strategy.
