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    ORSTED   DK0060094928

ORSTED A/S

(ORSTED)
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195;rsted A/S ěrsted Signs Power Purchase Agreement With Msd

04/26/2021 | 05:28am EDT
TIDMORSTED 
 
 
   MSD enters into an agreement to purchase energy from the Armadillo Solar 
Center in Navarro County, Texas. With the PPA, Ørsted is extending 
its industrial customer base to the pharmaceutical industry. The Center 
is expected to be operational by early 2023. 
 
   MSD, a biopharmaceutical company known as Merck & Co. Inc., Kenilworth 
New Jersey, in the US and Canada, has signed an agreement to purchase 
energy from the Armadillo Solar Center in Texas. 
 
   "We're happy to partner with MSD and expand our customer base to the 
pharmaceutical industry," said Vishal Kapadia, Senior Vice President and 
Chief Commercial Officer of Onshore in Ørsted, continuing: "It's 
exciting to join forces with them in their efforts to advance the use of 
carbon-free energy in the medical industry." 
 
   The Armadillo Solar Center will be based in Navarro County in Texas, 
less than 50 miles from the Dallas-Fort Worth Metroplex. The Center is 
expected to be operational by early 2023. 
 
   "This contract is an important step in MSD meeting its commitment to 
sustainability by bringing carbon-free energy to the grid in Texas and 
reducing the environmental impact of our operations," said Susanna 
Webber, Senior Vice President, Global Supplier Management Group and 
Chief Procurement Officer, MSD, continuing: "As a human and animal 
health company, we see our renewable energy strategy as fully integrated 
with MSD's mission to save and improve lives." 
 
   About Ørsted 
 
   The Ørsted vision is a world that runs entirely on green energy. 
Ørsted develops, constructs, and operates offshore and onshore wind 
farms, solar farms, energy storage facilities, and bioenergy plants, and 
provides energy products to its customers. Ørsted ranks as the 
world's most sustainable energy company in Corporate Knights' 2021 index 
of the Global 100 most sustainable corporations in the world and is 
recognised on the CDP Climate Change A List as a global leader on 
climate action. Headquartered in Denmark, Ørsted employs 6,179 
people. Ørsted's shares are listed on Nasdaq Copenhagen (Orsted). 
In 2020, the group's revenue was DKK 52.6 billion (EUR 7.1 billion). 
Visit orsted.com or follow us on Facebook, LinkedIn, Instagram, and 
Twitter. 
 
   For further information, please contact: 
 
   Media Relations 
 
   Carsten Birkeland Kjær 
 
   +45 99 55 77 65 
 
   cabkj@orsted.dk 
https://www.globenewswire.com/Tracker?data=NgR0u4hx0mgJucrPaVZfu7BFdf1YrljxCc0EcRSCh4e2Y5P7GEd-Tp_8JFASJzC2oXGibwjTjBFkvlib2HFkBw== 
 
 
   Investor Relations 
 
   Allan Bødskov Andersen 
 
   + 45 99 55 79 96 
 
   ir@orsted.dk 
https://www.globenewswire.com/Tracker?data=fpkKPq7whMtAZgVzE5jDIpK6Sf0Gm8xfZpzVOMP3x0aFuT789afco6TNCTeswPszWQ9vKdvwlN8mjyru8TUZhJVCCHzyUiEixWpyVWJ61EXKnYcC1ZrDPQfvj8qHUUW5Dc7AcO9Z4pUi3umb_id0PRIXu_MOOoHoqmzKNnNoR6L9BZD3o8zO8-bt7KlJRKwtUld8yv991VbQ7B7KfM3f5Rg2G0Ygo_zXxuPxZbVNLno= 
 
 
   Attachment 
 
 
   -- PPA_MSD and Ørsted 
      https://ml-eu.globenewswire.com/Resource/Download/8d7bacd1-39db-4750-bca2-769eb683101d 
 
 
 
 
 
 
 

(END) Dow Jones Newswires

04-26-21 0728ET

Stocks mentioned in the article
ChangeLast1st jan.
DJ INDUSTRIAL 1.06% 34382.13 Delayed Quote.11.16%
FACEBOOK INC 3.50% 315.94 Delayed Quote.15.66%
NASDAQ COMP. 2.32% 13429.978403 Delayed Quote.4.20%
ORSTED A/S 1.00% 848 Delayed Quote.-31.81%
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More news
Financials
Sales 2021 57 986 M 9 472 M 9 472 M
Net income 2021 11 843 M 1 935 M 1 935 M
Net Debt 2021 22 721 M 3 712 M 3 712 M
P/E ratio 2021 29,9x
Yield 2021 1,47%
Capitalization 356 B 58 127 M 58 189 M
EV / Sales 2021 6,54x
EV / Sales 2022 6,56x
Nbr of Employees 6 311
Free-Float 44,8%
Chart ORSTED A/S
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Orsted A/S Technical Analysis Chart | MarketScreener
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Technical analysis trends ORSTED A/S
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 26
Average target price 1 055,20 DKK
Last Close Price 848,00 DKK
Spread / Highest target 100%
Spread / Average Target 24,4%
Spread / Lowest Target -35,1%
EPS Revisions
Managers and Directors
NameTitle
Mads Nipper Group President & Chief Executive Officer
Marianne Wiinholt Chief Financial Officer
Thomas Thune Andersen Chairman
Lene Skole-S°rensen Deputy Chairman
Lynda Anne Armstrong Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
ORSTED A/S-31.81%58 127
NEXTERA ENERGY-5.22%143 421
ENEL S.P.A.-0.87%101 202
IBERDROLA, S.A.-3.55%86 731
DUKE ENERGY CORPORATION12.56%79 276
SOUTHERN COMPANY7.00%68 927