Copenhagen (AFP) – Following a vast restructuring, the Danish energy group Ørsted, victim of the Trump administration's hostility towards wind power, made “solid progress” in 2025, according to its monthly report published Friday.

Published on: 06/02/2026 - 09:15

Over the whole year, it generated a net profit of 3.16 billion crowns (424 million euros), compared to 16 million in 2024. Its turnover increased by 3%, to 73.24 billion crowns.

Impeded by the anti-wind obsession of American President Donald Trump, who is seeking to suspend the two projects - almost completed - in which Ørsted is engaged in the United States for reasons of "national security", the Danish group has initiated a vast restructuring to free up capital and concentrate on its core business, offshore wind power.

Its divestment program, including a 50% stake in an offshore wind farm in the United Kingdom and 55% in offshore wind farms in Taiwan, securing around 46 billion, well beyond the announced target of more than 35 billion.

The fourth quarter, however, suffered from the interruption of projects in the United States leading to depreciation of 2.1 billion crowns.

In addition, the sharp increase in customs duties in the United States on imports of steel and aluminum, absolutely essential raw materials for offshore wind farms, also weighed down the group's growth throughout the year.

© 2026 AFP

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