Ørsted added 1.8 GW of installed renewable capacity in the third quarter of 2026, taking its total to 19.5 GW. The company’s offshore assets generated 15.7 TWh in the first nine months of the year, up 22% on the same period in 2025.
Two offshore wind farms reached commercial operations: Borkum Riffgrund 3 in Germany and Revolution Wind in the US.
Construction also progressed across the portfolio. Ørsted completed major construction work at Greater Changhua 2b and 4 in Taiwan, installed all foundations at Sunrise Wind in the US, and completed foundation installation at Baltica 2 in Poland. At Hornsea 3 in the UK, the second and final offshore converter was installed.
For the subsurface and offshore engineering sectors, the update highlights the scale of the continuing construction pipeline: Ørsted reports 7.2 GW of offshore capacity under construction. It maintains its 2026 EBITDA guidance of more than DKK 28 billion, while lowering expected gross investments to DKK 45–50 billion because of changes to payment timing. The company says total project investments are unchanged.
Source: Ørsted’s Q3 2026 interim report.
