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Home » News » Wind Energy » Orsted Achieves Record Earnings with North Sea Wind Asset Sales
Wind Energy

Orsted Achieves Record Earnings with North Sea Wind Asset Sales

By Patrick VaughnJanuary 20, 20233 Mins Read
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Ørsted CEO Mads Nipper. (Credit: Ørsted)
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Last year, developer Ørsted achieved its highest operating profit to date, as measured by earnings before interest, taxes, depreciation, and amortization (EBITDA). This was largely due to significant gains from offshore wind asset sales. According to preliminary figures, Ørsted's EBITDA (including new partnership agreements) is expected to have increased by 7.8% to DKK 32.1 billion

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