Brief: Tender Conditions For Offshore Wind Are Improving In Europe, Orsted CEO Says

Oersted A/S

05/11/2025 08:38

Nov 5 (Reuters) - Oersted A/S ORSTED.CO:

ORSTED CEO: THE CONSTRUCTION OF REVOLUTION WIND IS ON TRACK

ORSTED CEO: WE ARE STILL IN DIALOGUE TO FIND A PERMANENT SOLUTION WITH THE U.S. ADMINISTRATION ON THE REVOLUTION WIND PROJECT

ORSTED CEO: WE ARE SEEING THAT THE TENDER CONDITIONS FOR OFFSHORE WIND ARE IMPROVING IN EUROPE

ORSTED CEO: WE FIRMLY BELIEVE IN THE POTENTIAL OF OFFSHORE WIND IN EUROPE, WHERE THERE IS A STRONG NEED FOR OFFSHORE WIND AND SIGNIFICANT POLITICAL SUPPORT

ORSTED CEO: THERE WILL BE PLENTY OF TENDERS FROM 2027 ONWARDS IN THE UK, THE NETHERLANDS, AND GERMANY, SO THERE WILL BE MANY OPPORTUNITIES FOR US

ORSTED CEO: WE HAVE THE CAPABILITY TO MANAGE RISKS IN THE U.S. RELATED TO TARIFFS, AMONG OTHER THINGS

ORSTED CEO: WE HAVE MOVED HORNSEA 4 BACK INTO DEVELOPMENT

ORSTED CEO:  WE WILL ONLY MOVE IT FORWARD IF THE VALUE IS THERE

 (Reporting by Stine Jacobsen and Louise Rasmussen)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))