Orsted posted a net loss during the second quarter of 2020 as the global offshore wind number-one earned less from construction activities it carries out for partners as well as due to the impact of the Covid-19 pandemic on the UK power market that takes electricity from many of its largest projects.

The Danish group's earnings before interest, taxes, depreciation and amortisation (Ebitda) fell by 18% to DKr2.96bn