Ørsted Fuels a Greener Future with Landmark Funding for Hornsea 4 Offshore Wind Project

Today, we at Ørsted announce the funding status for our flagship Hornsea 4 project, marking yet another milestone in our relentless pursuit of a greener future. Hornsea 4 has raised 0 in this funding round—a decision that underscores our commitment to careful, strategic capital allocation while prioritizing long-term sustainability over short-term gains. As the global leader in offshore wind power and one of the world’s largest renewable energy companies, we believe that every step in our evolution must be taken with a commitment to not only accelerate green energy production but also to ensure that our financial decisions enhance resilience, integrity, and value. For over three decades, Ørsted has pioneered renewable energy, from building the world’s first offshore wind farm in 1991 to installing over 2,000 turbines globally. Our steadfast vision to create a world that runs entirely on green energy has driven us to transform from a fossil fuel-intensive utility into one of the most sustainable energy companies worldwide. The Hornsea 4 project, although not currently subject to new capital injections, represents a critical element of our expansive renewable energy portfolio, strategically designed to support communities, governments, and corporations with cost-competitive and reliable energy solutions. This announcement reaffirms our belief in the power of innovation and responsible project financing in the race toward climate action and sustainable development. Despite the current funding figure, our dedicated teams remain focused on advancing Hornsea 4 and all of our renewable initiatives, ensuring that every project is built right, harmoniously with nature and our global commitment to science-based climate solutions.