Ørsted - M&A Summary and Business Overview

Renewable EnergyCompany

Ørsted M&A Summary

Ørsted has acquired 4 companies, including 1 in the last 5 years. A total of 1 acquisition came from private equity firms.

Ørsted’s largest acquisition to date was in 2018, when it acquired Lincoln Clean Energy for $580M. Ørsted has acquired in 4 different US states. The Company’s most targeted sectors include renewable energy (100%).

Ørsted Business Overview

Where is Ørsted headquartered?

Ørsted is headquartered in Fredericia, Denmark.

What sector is Ørsted in?

Ørsted is a renewable energy company.

When was Ørsted founded?

Ørsted was founded in 2006.

M&A Summary

  • M&A Total Activity4
    • M&A Buy Activity4
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 4

Ørsted

Kraftværksvej 53 Skærbæk,
Fredericia, 7000
Denmark,
+45 99 55 11 11
www.orsted.com

Ørsted is a developer of offshore wind farms, Ørsted has installed 5.1 GW offshore wind capacity in Europe and has a further 3.8 GW under construction. It is Ørsted’s ambition to have installed a total offshore wind capacity of 11-12 GW worldwide by 2025. Ørsted entered the U.S. in 2015 and sees the U.S. renewables market as an attractive, strategic growth opportunity. Ørsted holds the right to develop Bay State Wind and Ocean Wind, in total up to 4 GW of potential offshore wind capacity.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 3 1 - - - - 4
vol $1.1B $1.1B
Sell (0.0/yr) # - - - - - - 0
  4

Most Recent M&A

Company Date Value Type
Ocean Wind 1 2020-01-01 - Joint Venture
Atlantic City, New Jersey · www.oceanwindone.com
Deepwater Wind 2018-10-08 510M USD Divestiture
Providence, Rhode Island · www.dwwind.com
Lincoln Clean Energy LLC 2018-08-09 580M USD Add-on Acquisition
Chicago, Illinois · www.lincoln-clean-energy.com
Ørsted - South Fork, Revolution Wind and two New England offshore wind lease areas 2016-01-01 - Add-on Acquisition
, Massachusetts
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Lincoln Clean Energy LLC 2018-08-09 Pattern Energy Group LP - 103 MW South Dakota Wind Project 2019-07-01 2
Chicago, Illinois · www.lincoln-clean-energy.com San Francisco, California
Lincoln Clean Energy LLC 2018-08-09 Coronal Energy - Development Business 2019-05-01 1
Chicago, Illinois · www.lincoln-clean-energy.com Pasadena, California

M&A by Sector

Sector Buy # Value Sell # Value
Renewable Energy 4 (100%) 1.1B (100%) - -
Total 4 $1.1B - -

By Geo

State/Country Buy Value Sell Value
United States 4 1.1B - -
  Rhode Island 1 510M - -
  New Jersey 1 - - -
  Massachusetts 1 - - -
  Illinois 1 580M - -
Total 4 $1.1B - -

Deal Values

buy # Total
$100M to $1B 2 $1.1B
TOTAL $1.1B
Largest Lincoln Clean Energy LLC
$580M (2018-08-09)

M&A Connections

Deals
Acquired from
Investor(s)
25%
1 (25%)
Strategic(s)
25%
1 (25%)

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