Orsted · OMXCOP:ORSTED
Orsted — Ørsted — Merger or Acquisition (October 2018)
6 slides from Orsted's merger presentation, Oct 8, 2018
Slide 1: Orsted — Wind
Orsted — Wind |
Slide 2: Disclaimer
DISCLAIMER This presentation contains certain forward-looking statements. Statements herein, other than statements of historical fact, regarding our future results of operations, financial condition, cash flows, business strategy, plans and future objectives are forward-looking statements. Words suc
Slide 3: Ørsted acquires Deepwater Wind and creates leading US offshore wind platform
Ørsted acquires Deepwater Wind and creates leading US offshore wind platform Acquisition • Two companies’ offshore wind assets and organisations will be merged into the leading US offshore wind platform • Merger will combine Deepwater Wind’s expertise in originating, developing and permitting in the
Slide 4: Attractive portfolio with significant synergy potential
Attractive portfolio with significant synergy potential Deepwater Wind Portfolio compatibility - Ørsted and Deepwater Wind • Attractive and geographically diverse portfolio of offshore wind assets along US East Coast: − Block Island (30MW): Operational since December 2016. 20- year PPA, starting pri
Slide 5: Strong, market leading position . . .
Strong, market leading position . . . New Ørsted US Offshore Wind organisation • Deepwater Wind’s organisation brings significant experience in market development, offtake agreements, tax structuring, permitting and local stakeholder engagement • Development stage of portfolio provides Ørsted with o
Slide 6: . . . in an expanding US offshore wind market
. . . in an expanding US offshore wind market State with announced OSW target in 2016 Additional states with announced OSW target in 2018 State with updated renewable target announced in 2018 1) Virginia’s 2018 Energy Plan calls for 3 GW of solar and onshore wind to be deployed by 2022 and 2 GW of o