Charting a Greener Future: Ørsted Announces Landmark Hornsea 3 Funding to Accelerate Global Renewable Energy Ambitions

We are excited to share an update on our Hornsea 3 initiative—a project that stands as a cornerstone of Ørsted’s global commitment to accelerating the renewable energy revolution. While Hornsea 3 has raised 0 in external funding this cycle, this development underscores our confidence in the project’s robust financial foundation and our strategic approach to investment. As the global leader in offshore wind power and one of the largest renewable energy companies in the world, Ørsted has consistently pioneered renewable solutions that are both sustainable and commercially viable. Our transformation over the past decade—from a fossil fuel-intensive utility to one of the most sustainable energy companies on the planet—is a testament to the visionary leadership, innovation, and enduring passion that drives our team. The proceeds we secure, regardless of the external funding mix, directly support our mission: to create a world that runs entirely on green energy. Through our portfolio, which now includes over 17 GW of renewable capacity across North America, Europe, and Asia-Pacific, and with our sights set on reaching 35–38 GW by 2030, each project is positioned to reshape how societies generate and consume energy. Hornsea 3 continues this journey by leveraging our deep expertise, innovative practices, and collaborative partnerships with governments, industry peers, and suppliers. Our approach is grounded in building renewable energy at pace and scale while ensuring every project is developed in harmony with nature and aligned with science-based climate action. This announcement reaffirms that even in the absence of additional external funding contributions, we remain steadfast in our goal to deliver sustainable, reliable, and cost-competitive energy solutions for the communities we serve.