Energy Magazine July 2026 | Page 42

ØRSTED
TOP 10 – WIND POWER COMPANIES

05

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How offshore wind farms work

ØRSTED

FOUNDED: 1972 HQ: FREDERICIA, DENMARK CEO: RASMUS ERRBOE EMPLOYEES: 7,700
Ørsted is widely regarded as the company that first proved the commercial viability of large-scale offshore wind farms. It was not always a renewables giant, though. Having transformed itself from a fossil fuelfocused utility into a renewable energy leader, it now operates some of the world’ s most significant offshore wind arrays. Its pioneering role in project development, financing and construction continues to influence offshore markets across Europe, Asia and North America.
CREDIT: ØRSTED
42 July 2026