Global offshore wind pacesetter Orsted raised its full-year profits guidance as surging earnings from its operating projects helped it to a strong third quarter.
Orsted – which in the past few months announced more than $1bn of acquisitions to strengthen its position in the US market – saw earnings from offshore wind farms in operation rise 31% to DKr2bn ($305m) in the July to September period, fuelled by the ramp-up of the Walney Extension and Race Bank projects off the UK.
