Ørsted — M&A Activity 2017

Dec 11, 2017

Further to our company announcement issued on 7 August 2017, Ørsted has today
completed the divestment of 50% of the Borkum Riffgrund 2 offshore wind farm to
Global Infrastructure Partners (GIP). The acquisition price will be paid in
2017, and the EPC contract payments will be made during 2017 and 2018.

With the completion of the farm-down, we now expect EBITDA in 2017 to
materialise at approximately DKK 21 billion compared to the previously guided
range of DKK 19-21 billion.

The information in this announcement does not change Ørsted’s expected
investment level for 2017.

For further information

Investor Relations
Henrik Brünniche Lund
+45 99 55 97 22

Media Relations
Tom Lehn-Christiansen
+45 99 55 60 17

About Ørsted

The Ørsted vision is a world that runs entirely on green energy. Ørsted
develops, constructs and operates offshore wind farms, bioenergy plants and
innovative waste-to-energy solutions and provides smart energy products to its
customers. Headquartered in Denmark, Ørsted employs 5,600 people. Ørsted’s
shares are listed on Nasdaq Copenhagen (Orsted). In 2016, the company’s revenue
was DKK 61 billion (EUR 8.2 billion). For more information on Ørsted, visit
orsted.com or follow us on Facebook, LinkedIn, Instagram and Twitter.