Denmark-based wind developer Orsted posted a net profit of DKK9.36 billion (~$1.26 billion) in the third quarter (Q3) of 2022, a massive jump of 1,821% year-over-year (YoY). The company earned DKK10.9 billion (~$1.46 billion) as a farm-down gain from the 50% divestment of the Hornsea 2 and Borkum Riffgrund 3 offshore wind farms.