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Ørsted Records a Loss of $78 Million in Q2 As Wind Projects Yield Less Revenue

The company’s total revenue dropped 37% YoY during the quarter

August 24, 2023

/ Rakesh Ranjan
/ Other, Wind
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Denmark-based renewable energy project developer Ørsted has reported a net loss of DKK 538 million (~$78.29 million) in the second quarter (Q2) of 2023, compared to a profit of DKK 269 million (~$39.14 million) in Q2 2022.

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Rakesh Ranjan

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DenmarkEBITDAOffshore windOnshore WindØrstedprofitRevenue
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