1. Homepage
  2. Equities
  3. Denmark
  4. Nasdaq Copenhagen
  5. Orsted A/S
  6. News
  7. Summary
    ORSTED   DK0060094928


Real-time Estimate Cboe Europe  -  05/16 05:51:06 am EDT
717.65 DKK   +3.33%
05:14aOrsted to Acquire Onshore Wind Farm in Illinois
05:02aDenmark's Ørsted to Purchase 121-MW Wind Farm in Illinois, US
04:08aØrsted agrees to acquire onshore wind farm Ford County Wind in Illinois
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Orsted A/S : ěrsted announces latest round of community grants through its Burbo Bank Extension Community Fund

01/26/2022 | 05:46am EDT

The latest awards take the total number of projects supported to 160, with total funds awarded now standing at over £1.4million since the Fund launched in May 2015.

The global Covid-19 emergency has meant grant support is more important than ever, a need which was acknowledged by Ørsted back in June 2020 when they announced temporary changes to the Fund's eligibility criteria to encourage applications to support communities through the crisis and on the road to recovery. The temporary criteria relaxations will still be in place for the next application deadline in April 2022.

The full list of organisations awarded grants under the latest round of the Community Benefit Fund are as follows:

  • KidsOut, North Wales and English Coast Toy Boxes - £960
  • Sussex Street Christian Centre, Rhyl - £20,000
  • Wirral Youth Zone, Liscard Outreach Project - £14,000
  • The Reach Mens Centre CIC - £4,160
  • St. Asaph Bowling Club - £2,000
  • Mersey Counselling and Therapy Centre, North Wirral - £4,950
  • The Osborne Trust - £8,320
  • St Joseph's Hospice Association - £4,918
  • Venus Charity - £16,000
  • Mencap Liverpool & Sefton - £14,000
  • Jon Egging Trust - £4,996
  • West Rhyl Young People's Project - £19,819

Stuart Barnes, Chief Executive at Wirral Youth Zone said: "Young people in particular have been significantly impacted by Covid and never has youth work been more important. We are incredibly grateful to Ørsted for the support which will enable us to build on work in the Liscard area, providing young people with a range of positive activities, but more importantly support them to raise aspirations, enhance prospects, improve health and wellbeing and become the best possible versions of themselves."

Imran Nawaz, Stakeholder Advisor & Community Benefit Fund Manager for Ørsted, said: "As the region continues to deal with the impacts of Covid, funding support for community projects is much needed. We are delighted to announce the latest grant winners and welcome other local groups and organisations to apply for the next round, which closes in April. It's fantastic to see the incredible dedication from all the applicants and we look forward to seeing these projects take shape over the coming months."

The Fund is being managed by national grant-making charity GrantScape and more details can be found at GrantScape's website www.grantscape.org.uk or by calling 01908 247634. The closing date for the next funding round is 13 April 2022.

Each year for the expected 25 year lifetime of the Burbo Bank Extension offshore wind farm, approximately £225,000 will be made available for community projects, which will benefit the local area.

Ørsted's Burbo Bank Extension offshore wind farm was officially opened in May 2017 and is capable of meeting the electricity demand of well over 230,000 homes. It was the first offshore wind farm in the world to commercially demonstrate the massive 8MW MHI Vestas turbines which stand at a staggering 195m, tall from sea-level to tip.


Ørsted A/S published this content on 26 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 January 2022 10:45:02 UTC.

ę Publicnow 2022
All news about ORSTED A/S
05:14aOrsted to Acquire Onshore Wind Farm in Illinois
05:02aDenmark's Ørsted to Purchase 121-MW Wind Farm in Illinois, US
04:08aØrsted agrees to acquire onshore wind farm Ford County Wind in Illinois
03:02aGreencoat UK Wind to Buy 12.5% Stake in Hornsea 1 Offshore Wind Farm for GBP400 Million
02:36aGreencoat UK Wind To Buy 13% Stake In North Sea Offshore Wind Farm For $490 Million
05/13Ørsted, TotalEnergies Team Up to Bid for Dutch Offshore Wind Tenders
05/13Ørsted and TotalEnergies partner to participate in Dutch offshore wind tenders
05/12EXCLUSIVE : Ontario Teachers to invest up to $1 billion in Macquarie offshore wind unit
05/11Factbox-Potential bidders in Norway's first offshore wind tender
05/11BP, Shell Among Companies Vying For Spot in Norway Offshore Wind Tender
More news
Analyst Recommendations on ORSTED A/S
More recommendations
Sales 2022 75 210 M 10 527 M 10 527 M
Net income 2022 16 765 M 2 346 M 2 346 M
Net Debt 2022 29 772 M 4 167 M 4 167 M
P/E ratio 2022 17,3x
Yield 2022 1,93%
Capitalization 292 B 40 842 M 40 842 M
EV / Sales 2022 4,28x
EV / Sales 2023 4,77x
Nbr of Employees 7 016
Free-Float 44,9%
Duration : Period :
Orsted A/S Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ORSTED A/S
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 24
Last Close Price 694,50 DKK
Average target price 885,35 DKK
Spread / Average Target 27,5%
EPS Revisions
Managers and Directors
Mads Nipper Group President & Chief Executive Officer
Daniel Lerup Group Chief Financial Officer
Thomas Thune Andersen Chairman
Richard Hunter Chief Operating Officer
Lene Skole-S°rensen Deputy Chairman
Sector and Competitors
1st jan.Capi. (M$)
ORSTED A/S-16.85%40 842
NEXTERA ENERGY-25.24%137 122
IBERDROLA, S.A.2.59%70 636