Ørsted Reports Q3 EBITDA of DKK 5.26 Billion, Maintains Guidance
Third-quarter EBITDA rose to DKK 5.26 billion, above analyst forecasts, while Ørsted maintained full-year EBITDA guidance above DKK 28 billion. It brought 1.8 GW of renewable capacity into commercial operation, reaching 19.5 GW installed, and recorded a DKK 3.44 billion non-cash impairment on U.S. offshore projects.
Ørsted's third-quarter 2026 EBITDA rose to DKK 5.26 billion, surpassing analyst forecasts, with year-over-year revenue growth. The company maintained its full-year EBITDA guidance of above DKK 28 billion. During the quarter, Ørsted added 1.8 GW of renewable capacity by bringing the Borkum Riffgrund 3 project in Germany and the Revolution Wind project in the U.S. into commercial operation, bringing total installed capacity to 19.5 GW.
The company recorded a DKK 3.44 billion non-cash impairment on U.S. offshore projects, citing higher long-term interest rates. Additionally, Ørsted received a favorable final opinion regarding taxation rights for its UK offshore wind farms, Walney Extension and Hornsea 1.