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REG-Ørsted A/S Ørsted and TotalEnergies partner to participate in Dutch offshore wind tenders

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   Ørsted A/S (Orsted)
   Ørsted and TotalEnergies partner to participate in Dutch offshore wind
   tenders

   13-May-2022 / 15:00 CET/CEST
   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

   ══════════════════════════════════════════════════════════════════════════

   13.5.2022 15:00:01 CEST | Ørsted A/S | Investor News

   Paris/Den Haag, 13 May, 2022 – Ørsted and TotalEnergies have joined forces
   to jointly submit bids for the two Dutch offshore wind tenders “Holland
   Coast West” with the aim to achieve net positive impact on biodiversity
   and the Dutch energy system. The Holland Coast West wind farms are located
   approximately 53 km off the Dutch coast and have a combined capacity of
   nearly 1.5 gigawatts (GW).

   As world-class leaders in renewable energy and offshore wind, Ørsted and
   TotalEnergies will combine their strengths in these tenders with a view to
   contribute to the Netherlands’ objective of developing more than 70 GW of
   offshore wind capacity by 2050 for power generation associated with large
   scale hydrogen production.

   As the largest offshore wind farm developer in the world, Ørsted has
   industry-leading experience in developing and constructing offshore wind
   farms in the most sustainable and ecologically friendly manner. Ørsted
   aims for a net-positive biodiversity impact by 2030. Furthermore, Ørsted
   has significant, global experience in supplying large-scale green energy
   to communities and industries. The successful realisation - on time and on
   budget during a worldwide pandemic - of the Borssele 1&2 wind farm
   demonstrates that Ørsted is a reliable partner for the green
   transformation of the Netherlands.

   TotalEnergies, on its side, will leverage its proven expertise in offshore
   operations, and its unique position as an integrated energy company in the
   Netherlands, through an ambitious investment program of green energy and
   hydrogen production to decarbonize its industrial activities in the
   Zeeland province. TotalEnergies will also ensure the stability of the
   Dutch power grid while putting sustainable development in all its
   dimensions at the heart of its projects and operations to contribute to
   the well-being of people.

   Rasmus Errboe, Head of Region Continental Europe at Ørsted, says: “We are
   very pleased with our partnership with TotalEnergies for the upcoming
   Dutch tenders. With our joint bids we want to ensure the Netherlands can
   accelerate its offshore wind build-out towards 2030 and beyond, in a
   state-of-the-art ecologically friendly manner and as part of an integrated
   energy system. Ørsted looks forward to making a significant contribution
   to the energy transition in the Netherlands, together with TotalEnergies.”

   Olivier Terneaud, VP Offshore Wind at TotalEnergies, says: “The energy
   transition brings new challenges, both in terms of environmental impact
   and integration of green energy into the power system. It’s precisely to
   meet these challenges that we’re participating in these tenders, together
   with Ørsted, to support the energy transition in the Netherlands, where we
   draw on more than half a century of Dutch offshore operational experience
   to be a reliable energy partner. As a global multi-energy company that
   places sustainable development at the heart of its strategy, we’d be
   delighted to realise these innovative projects.”

   The HKW VI tender proposal will change how wind farms relate to ecology.
   With its measures, unprecedented monitoring program, and strong
   cooperation with companies, institutes, universities and NGOs it focuses
   on working with all parties, both international and local, to build the
   knowledge needed to have wind farms strengthen nature by default.

   Zeeland is the largest hydrogen cluster in the Netherlands. With 600 MW of
   electrolysis capacity, the largest green hydrogen cluster in the world
   will be made possible by 2027, powered solely by the Holland Coast West
   wind farm. Supplemented with, among other things, electric transport,
   batteries and direct electrification of the industry, we will achieve
   maximum system integration.

   The winners of the tenders are expected to be announced by the Dutch
   government in Autumn 2022.

   ***

   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, renewable hydrogen and green fuels
   facilities, and bioenergy plants. Moreover, Ørsted provides energy
   products to its customers. Ørsted is the only energy company in the world
   with a science-based net-zero emissions target as validated by the Science
   Based Targets initiative (SBTi). Ørsted ranks as the world’s most
   sustainable energy company in Corporate Knights' 2022 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 6,836 people. Ørsted's shares are
   listed on Nasdaq Copenhagen (Orsted). In 2021, the group's revenue was DKK
   77.7 billion (EUR 10.4 billion).

   About TotalEnergies
   TotalEnergies is a global multi-energy company that produces and markets
   energies: oil and biofuels, natural gas and green gases, renewables and
   electricity. Our more than 100,000 employees are committed to energy that
   is ever more affordable, cleaner, more reliable and accessible to as many
   people as possible. Active in more than 130 countries, TotalEnergies puts
   sustainable development in all its dimensions at the heart of its projects
   and operations to contribute to the well-being of people.

   Ørsted contacts
   Media Relations Holland
   Stefan de Bruijn
   Tlf.: +31 6 15 18 62 00
    1 communicatie@orsted.com

   Ørsted Group Media Relations
   Michael Korsgaard
   +45 9955 9425
    2 mikon@orsted.com

   Ørsted Investor Relations
   Rasmus Keglberg Hærvig
   +45 99 55 90 95
    3 ir@orsted.com

   TotalEnergies Contacts
   Media Relations: +33 1 47 44 46 99 l  4 presse@totalenergies.com l
    5 @TotalEnergiesPR
   Investor Relations: +33 (0)1 47 44 46 46 l  6 ir@totalenergies.com

       Attachments

     •  7 Borssele1and2.jpg
     •  8 EN_Ørsted and TotalEnergies partner to participate in Dutch
       Offshore Wind tenders final.pdf

   News Source: Ritzau

   ══════════════════════════════════════════════════════════════════════════

   ISIN:          DK0060094928
   Category Code: MSCM
   TIDM:          Orsted
   Sequence No.:  161716
   EQS News ID:   1352469


    
   End of Announcement EQS News Service

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References

   Visible links
   1. mailto:communicatie@orsted.com
   2. mailto:mikon@orsted.com
   3. mailto:ir@orsted.com
   4. mailto:presse@totalenergies.com
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   6. mailto:ir@totalenergies.com
   7. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=85e83ca9a8556261aef04d955d16e605&application_id=1352469&site_id=refinitiv2&application_name=news
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