Following a review of the business and financing needs going forward, \u00d8rsted has, effective as of today, decided to discontinue the rating engagement with Standard & Poor\u2019s Global Ratings.<\/p>\n
\u00d8rsted continues to be rated by Moody\u2019s (rating: Baa2, negative outlook) and Fitch (rating: BBB, stable outlook). As part of this change, Fitch (Taiwan branch) has assigned \u00d8rsted Wind Power TW Holding A\/S and \u00d8rsted A\/S a rating of A+(twn), stable outlook.<\/p>\n
\u00d8rsted remains committed to a solid investment grade rating and funds from operations (FFO)\/net interest-bearing debt (NIBD) above 30%. The FFO\/NIBD reported in Q1 2026 quarterly results was approx. 42% and thus comfortably above this target. This decision has no implications for the financial outlook of the company.<\/p>\n
About \u00d8rsted<\/p>\n
\u00d8rsted is a global leader in developing, constructing, and operating offshore wind farms, with a core focus on Europe. Backed by 35\u00a0years of experience in offshore wind, \u00d8rsted has 10.2\u00a0GW of installed offshore capacity and 8.1\u00a0GW under construction. \u00d8rsted\u2019s total installed renewable energy capacity spanning Europe, Asia Pacific, and North America exceeds 18\u00a0GW across a portfolio that also includes onshore wind, solar power, energy storage, bioenergy plants, and energy trading. Widely recognised as a global sustainability leader, \u00d8rsted is guided by its vision of a world that runs entirely on green energy. Headquartered in Denmark, \u00d8rsted employs approximately 7,7000\u00a0people. \u00d8rsted\u2019s shares are listed on Nasdaq Copenhagen (Orsted). In 2025, the group\u2019s operating profit excluding new partnerships and cancellation fees was DKK\u00a025.1 billion (EUR\u00a03.4 billion). Visit\u00a0orsted.com<\/a>\u00a0or follow us on\u00a0LinkedIn<\/a>\u00a0and\u00a0Instagram<\/a>.<\/p>\n