REG-Ørsted A/S Ørsted comments on media speculations regarding an acquisition of French/German onshore power platform Ostwind

Oersted A/SAnnouncement

16/06/2022 08:00

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   Ørsted A/S (Orsted)
   Ørsted comments on media speculations regarding an acquisition of
   French/German onshore power platform Ostwind

   16-Jun-2022 / 08:56 CET/CEST
   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   16.6.2022 08:56:01 CEST | Ørsted A/S | Inside information

   In response to media speculations, Ørsted confirms that it is in
   late-stage negotiations with Ostwind AG and the shareholders Gisela
   Wendling-Lenz, Ulrich Lenz, and Fabien Kayser regarding Ørsted’s potential
   acquisition of 100 % of OSTWIND Erneuerbare Energien GmbH, OSTWINDpark
   Rotmainquelle GmbH & Co. KG, OSTWIND International S.A.S., and OSTWIND
   Engineering S.A.S.

   There can be given no assurances as to whether a transaction will be
   concluded and the timing hereof. As communicated at Ørsted’s Capital
   Markets Day 2021, we are continuously looking to expand our onshore
   business in Europe.

   The information provided in this announcement does not change Ørsted’s
   financial outlook for the 2022 financial year or the expected investment
   level announced for 2022.

   For further information, please contact:

   Media Relations
   Kathrine Ejlskov
   + 45 99 55 10 23
    1 katej@orsted.com

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

   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 7,016 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). Visit  3 orsted.com or follow us on
   Facebook, LinkedIn, Instagram, and Twitter.

       Attachments

     •  4 Ørsted comments on media speculations regarding an acquisition of
       FrenchGerman onshore power platform Ostwind.pdf

   News Source: Ritzau

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   ISIN:          DK0060094928
   Category Code: MSCM
   TIDM:          Orsted
   Sequence No.:  168590
   EQS News ID:   1376825


    
   End of Announcement EQS News Service

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References

   Visible links
   1. mailto:katej@orsted.com
   2. mailto:ir@orsted.com
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