Ørsted

Ørsted is a Danish company specializing in the development and maintenance of offshore and onshore renewable energy farms, energy storage facilities, and bioenergy plants. Formerly known as DONG Energy, Ørsted has undergone a significant transformation over the past decade, committing to a vision of a world powered entirely by green energy. The company has dramatically reduced its coal consumption by 73% and aims to completely phase out coal by 2023. As a global leader in offshore wind, Ørsted holds a 25% market share, providing energy to approximately 9.5 million people. By the end of 2023, Ørsted operated 8.9 gigawatts of offshore wind capacity, with the United Kingdom being its largest market, followed by Germany and Denmark. The company is also expanding its presence outside Europe with projects in Taiwan and the United States, where it operates 4.8 gigawatts of onshore wind and solar assets. In addition to its renewable initiatives, Ørsted still engages in traditional utilities, including conventional power plants.

Thomas Brostrøm

President of North America and CEO for US Offshore Wind

Rasmus Errboe

Deputy CEO and Chief Commercial Officer

Past deals in Rhode Island

University of Rhode Island

Grant in 2024
If you reside in the Kingston, Rhode Island area and are looking for an undergraduate or graduate program for academic study, why not check out the University of Rhode Island? Programs available to choose from as a major include the interesting Animal and Veterinary Science, Business Administration, Civil and Environmental Engineering, Geology and Geological Oceanography, Human Development and Family Studies, International Engineering, Journalism, and Nursing, among many others. URI has a festive student life which includes both entertainment events and organizations which can help students get a leg up in the career search. Study abroad programs are offered during the summer and school year. There is also a strong Greek life, Student Senate, dining, and athletic programs. Other services include a counseling center and health services. If you qualify for financial aid like the Centennial and University Scholarships, your entire tuition may be covered. There are also grants and loans that can help cover tuition and other educational expenses. When it comes time to search for a job, the career service center can help students with writing resumes, interview preparation, meeting potential employers, and much more.

Deepwater Wind

Acquisition in 2018
Deepwater Wind is a developer of offshore wind and transmission projects, specializing in the construction and operation of utility-scale wind farms. The company utilizes established technology to capture the strong and consistent winds found offshore, contributing to the renewable energy sector in the United States. With a seasoned management team experienced in global renewable energy and marine projects, Deepwater Wind provides clean and cost-effective electricity to various markets along the East Coast, including New York, Massachusetts, Rhode Island, Maryland, and New Jersey. Through its initiatives, the company aims to advance the use of renewable energy in the region.
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