GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Orsted AS (LTS:0RHE) » Definitions » Non Interest Income

Orsted AS (LTS:0RHE) Non Interest Income


View and export this data going back to 2016. Start your Free Trial

What is Orsted AS Non Interest Income?

Non Interest Income only applies to banks.


Orsted AS Business Description

Address
Kraftvaerksvej 53, Skaerbaek, Fredericia, DNK, DK-7000
Danish company Orsted was named Dong Energy until the sale of all its oil and gas fields to Ineos in 2017, soon after the May 2016 initial public offering. Orsted is now focused on renewable assets, especially offshore wind farms. It operated 8.9 gigawatts of offshore wind farms at the end of 2023. The United Kingdom is the biggest country of operation, ahead of Germany and Denmark. The group intends to develop its footprint outside Europe with projects in Taiwan and in the US Orsted also operates 4.8 GW of onshore wind and solar assets concentrated in the United States. The company is also involved in more traditional utilities business like conventional power plants and gas supply, but these activities are noncore.