Ørsted reorganizes business divisions

The utility's long-serving Bioenergy EVP is leaving the company, which consolidates two business units in preparation to sell domestic DSO Radius.

Photo: /Ritzau Scanpix/Mads Claus Rasmussen/

Wind power is Ørsted's dominant focus area. If there was any doubt about that after the utility divested its oil and gas division, the company now reaffirms as much in force. The two business units that do not involve wind turbines – Customer Solutions and Bioenergy & Thermal Energy – are now being consolidated into a single division: Markets & Bioenergy, Ørsted informs in a statement.

Merging these units has consequences for one of the energy company's longest-serving executives, Thomas Dalsgaard, who now departs from a ten-year tenure as head of the thermal power and biomass business unit, where he oversaw the utility's transition to biomass. He is being replaced by Head of Customer Solutions Morten Buchgreitz, who will serve as executive vice president of the new division.

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