Ørsted wins Danish court case over former Elsam competition law claims
The Danish Maritime and Commercial High Court ruled in Ørsted's favor in six cases seeking up to DKK 416 million plus interest in damages.
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Renewable energy company
orsted.comLast updated
In short: Ørsted achieved significant project milestones and reported an 11% EBITDA increase in Q1 2026, despite a net profit decline and divestments.
The Danish Maritime and Commercial High Court ruled in Ørsted's favor in six cases seeking up to DKK 416 million plus interest in damages.
They launched The Next Zero paper to tackle remaining value chain emissions.
The company will focus on cutting emissions from steel, maritime fuels, and copper, and calls for carbon pricing and grid expansion.
It produced 27% more offshore power than Q1 2025, with EBITDA of DKK 9.5 billion. Upcoming 8.1 GW wind farms will boost output amid global energy crisis.
The Danish energy company Ørsted is not expected to be able to live up to its agreement with the state to capture 430,000 tons of CO2 in 2027. It writes...
The delay is because the CO2 capture facilities at Avedøre Power Station and Asnæs Power Station are not yet operational, and Ørsted expects that this will only happen in the second half of the year...
Ørsted has as of today decided to terminate the cooperation with the credit rating agency Standard & Poor's Global Ratings. Ørsted writes...
The company Elsam - which today is owned by Ørsted - is acquitted in a case where 1,004 plaintiffs had accused the company of having taken...
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