ClaimsPeople

Ørsted

Ørsted is a Danish energy company, formerly DONG Energy, that develops, builds and operates offshore wind farms and other renewable energy assets.

227 claims collected, 88 researched, 29 resolved. Report of 10 October 2026, method 0.1.0+7831dd9d.

Scores by kind of claim

Each kind of claim is scored on its own, out of 100: the share that held up, with the range it likely falls in. Fewer resolved claims give a wider range.

  • Factual claims

    Statements about the present or the past, checked against the record: did they hold up?

    84 73 93

    Medium confidence, 16 factual claims resolved. From 8 documents, 2014 to 2026; 8 documents sampled from 32 candidates found.

    Not scored: 12 unresolvable, 7 checkable only against their own records.

  • Predictions

    Statements about events outside the person's control, checked once they fell due: did they come true?

    46 27 65

    Low confidence, 7 predictions resolved. From 3 documents, 2014 to 2018; 8 documents sampled from 32 candidates found.

    Not scored: 5 unresolvable. 9 more fall due later.

    Does not yet allow for how likely each prediction was when made.

  • Promises

    Commitments to the person's or organisation's own future action, with something to deliver: was it delivered?

    60 40 79

    Low confidence, 6 promises resolved. From 4 documents, 2017 to 2021; 8 documents sampled from 32 candidates found.

    Not scored: 9 unresolvable, 16 not yet due, 1 checkable only against their own records.

All types combined: 70 (likely 61 to 78, medium confidence), from 29 claims: 16 factual claims, 7 predictions, 6 promises. It mixes kinds of claim in different proportions for different people, so compare people kind by kind.

Ørsted's claims

29 claims, sorted by newest said. Choose a claim to read it in full.
VerdictKindSaidClaimTopic
Resolved true Factual 13 Aug 2026 Ørsted's offshore EBITDA excluding new partnerships and cancellation fees was DKK 11.9 billion in H1 2026 versus DKK 10.3 billion in H1 2025, primarily driven by higher wind speeds and higher prices. Factual · 13 Aug 2026 Their own work or organisation
Mostly true Factual 13 Aug 2026 Ørsted's Q2 2026 offshore EBITDA increase (DKK 4.4 billion vs DKK 4.0 billion) was primarily driven by earnings from the Hornsea 3 construction agreement. Factual · 13 Aug 2026 Their own work or organisation
Resolved true Factual 6 May 2026 Ørsted's net profit for Q1 2026 was DKK 2.6 billion, affected by non-cash tax effects and impairments due to higher long-dated US interest rates. Factual · 6 May 2026 Their own work or organisation
Resolved true Factual 7 Jun 2023 Ørsted currently operates 15.5 GW of renewable energy assets, with 4.9 GW under construction. Factual · 7 Jun 2023 Their own work or organisation
Resolved true Factual 7 Jun 2023 Ørsted was the first energy company in the world to have its science-based net-zero emissions target validated by the Science Based Targets initiative. Factual · 7 Jun 2023 Their own work or organisation
Mixed Factual 2 Jun 2021 Ørsted has been named the world's most sustainable energy company three years in a row. Factual · 2 Jun 2021 Their own work or organisation
Mostly true Promise 2 Jun 2021 Ørsted announced on 2 June 2021, with immediate effect, a ban on landfilling of wind turbine blades. Promise · 2 Jun 2021 Their own work or organisation
Resolved true Factual 9 Sep 2020 Mads Nipper's compensation package follows Ørsted's remuneration policy and includes a fixed base salary of DKK 15 million, which also covers pension contribution. Factual · 9 Sep 2020 Their own work or organisation
Resolved true Factual 9 Sep 2020 Mads Nipper's package includes an annual cash-based variable remuneration of 0-30% of annual fixed salary with a 15% target, and long-term share-based remuneration with a target of 20% of annual fixed salary. Factual · 9 Sep 2020 Their own work or organisation
Mostly true Promise 9 Sep 2020 Henrik Poulsen will remain in office as Ørsted CEO until 31 December 2020. Promise · 9 Sep 2020 Their own work or organisation
Mostly true Factual 9 Sep 2020 Mads Nipper led a transformation of Grundfos over the past six years that reinforced the company's position in an increasingly competitive market and strengthened its financial performance. Factual · 9 Sep 2020 Their own work or organisation
Mostly true Promise 9 Sep 2020 Mads Nipper will take office as Ørsted CEO on 1 January 2021. Promise · 9 Sep 2020 Their own work or organisation
Resolved false Prediction Feb 2018 Ørsted expects gross investments in 2018 of DKK 16-18 billion, covering offshore wind projects, the Asnæs Power Station biomass conversion and smart meter installation. Prediction · Feb 2018 Their own work or organisation
Resolved true Factual Feb 2018 Ørsted's Wind Power EBITDA increased by 74% to DKK 20.6 billion in 2017. Factual · Feb 2018 Their own work or organisation
Resolved false Prediction Feb 2018 Ørsted expects 2018 EBITDA (business performance) excluding new partnership agreements of DKK 12-13 billion, compared with DKK 12.7 billion in 2017. Prediction · Feb 2018 Their own work or organisation
Resolved true Factual Feb 2018 Ørsted's return on capital employed rose to 25% in 2017 from 17% in 2016, disregarding DKK 4.3 billion of non-recurring gas contract income in 2016. Factual · Feb 2018 Their own work or organisation
Mostly true Promise Feb 2018 Ørsted's future guidance will only include the effect from existing offshore wind partnership agreements. Promise · Feb 2018 Their own work or organisation
Resolved true Prediction Feb 2018 Ørsted expects to farm down 50% of Hornsea 1 either in H2 2018 or in 2019. Prediction · Feb 2018 Their own work or organisation
Resolved false Promise 2017 DONG Energy will stop using coal altogether at its power plants from 2023. Promise · 2017 Their own work or organisation
Resolved false Prediction 2017 DONG Energy's REnescience waste treatment plant in Northwich is expected to be commissioned in the first half of 2017. Prediction · 2017 Their own work or organisation
Delivered on time Promise 2017 DONG Energy's target is that 60% of the biomass it buys during 2017 will be certified as sustainable. Promise · 2017 Their own work or organisation
Resolved true Factual 2017 Significant advances in offshore wind technology are currently resulting in markedly lower costs. Factual · 2017 Technology
Mostly true Prediction 2017 With 1.2GW capacity, Hornsea 1 will be the world's largest offshore wind farm when commissioned in 2020, and DONG Energy's biggest investment ever. Prediction · 2017 Their own work or organisation
Resolved true Factual 2017 DONG Energy was listed on Nasdaq Copenhagen on 9 June 2016, the biggest IPO in Danish history. Factual · 2017 Their own work or organisation
Resolved true Factual Feb 2014 The DONG Energy Group generated DKK 73 billion (EUR 9.8 billion) in revenue in 2013. Factual · Feb 2014 Their own work or organisation
Resolved true Factual Feb 2014 DONG Energy's net investments were DKK 5.9 billion in 2013, compared with DKK 13.4 billion in 2012. Factual · Feb 2014 Their own work or organisation
Mostly true Factual Feb 2014 With divestments exceeding DKK 15 billion and a DKK 13 billion capital injection in early 2014, DONG Energy's financial platform has been significantly strengthened. Factual · Feb 2014 Their own work or organisation
Resolved true Prediction Feb 2014 DONG Energy expects business performance EBITDA of DKK 15-17 billion in 2014. Prediction · Feb 2014 Their own work or organisation
Mostly false Prediction Feb 2014 DONG Energy expects net investments for 2014-2015 to be around DKK 30 billion. Prediction · Feb 2014 Their own work or organisation
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Ørsted

Open its page

Prediction Their own work or organisation

“We still expect a 50% farm-down of Hornsea 1, either in H2 2018 or in 2019.”

Ørsted February 2018 Annual report 2017 - Strong results support Ørsted's green transformation (Ørsted)

Ørsted expects to farm down 50% of Hornsea 1 either in H2 2018 or in 2019.

Resolved true The record shows it happened or was so.

What would count as true or false

True: Ørsted signed or completed a divestment of a 50% ownership stake in the Hornsea 1 (Hornsea Project One) offshore wind farm to a third party between 1 July 2018 and 31 December 2019. Signing a binding divestment agreement within the window counts even if closing came later. Mostly true: a 50% farm-down was agreed within the window with only a minor difference in detail, such as timing within 2018 or the deal structure. Mostly false: a farm-down was agreed only before H2 2018 or after 2019, or the stake sold differed materially from 50%. False: positive evidence shows that no Hornsea 1 stake was divested by the end of 2019, for example a 2019 annual report listing Ørsted's ownership at 100% or a report that the sale was cancelled or postponed.

Evidence

  1. Ørsted Wraps Up Hornsea One Divestment offshorewind.biz · 27 November 2018
    “Ørsted has completed the divestment of 50% of the Hornsea Project One offshore wind farm in the UK to Global Infrastructure Partners (GIP).”
  2. Ørsted Wraps Up Hornsea One Divestment offshorewind.biz · 27 November 2018
    “Ørsted signed an agreement in September to sell half of the 1.2GW project, under which it will construct the wind farm under a full-scope EPC contract, provide long-term O&M services and provide a route to market for the generated power.”

Reasoning

An independent trade publication reports that Ørsted signed an agreement in September 2018 to sell half of Hornsea Project One to Global Infrastructure Partners (E2). The same report says the 50% divestment was completed in November 2018 (E1). Both dates fall within the H2 2018 to 2019 window, and the stake was exactly 50%, which meets the true criterion.

Cite this claim

Ørsted, “Ørsted expects to farm down 50% of Hornsea 1 either in H2 2018 or in 2019.” (said February 2018). Verdict: resolved true. Reliability API, claim c_dbc5791650e1, method 0.1.0+7831dd9d. https://epistacklabs.com/claims/c_dbc5791650e1

Claims without a verdict

Is a verdict here wrong, or do you speak for Ørsted? Reply on the claim's own page, with the form at its foot (how replies work). Verdicts are made automatically; how verdicts and scores are made.