Ørsted - Walney Extension
Ørsted - Walney Extension is a 659 MW operational offshore wind farm in the Irish Sea, owned 50% by Ørsted with AIP Management and PFA, generating clean electricity for approximately 600,000 UK homes.
- Company typePublic
- Founded2006
- HeadquartersFredericia, Denmark
- Headcount5,001–10,000
- GTM typeB2B
- OfferingServices
What Ørsted - Walney Extension does
Ørsted - Walney Extension is a 659 MW operational offshore wind farm located approximately 19 km west of Barrow-in-Furness in the Irish Sea, UK. Inaugurated on 6 September 2018 after being constructed on time and on budget, it held the title of the world's largest offshore wind farm until Hornsea 1 surpassed it in 2020. The asset spans 145 km² and comprises 87 turbines deployed across two phases: 40 MHI Vestas 8 MW units with blades from the Isle of Wight and 47 Siemens Gamesa 7 MW units with blades from Siemens Gamesa's Green Port Hull factory and towers from CS Wind's Campbeltown facility.
Ownership is shared between Ørsted A/S (50%), the publicly listed Danish energy company (Nasdaq Copenhagen: Orsted), and a partnership of AIP Management (Danish infrastructure investor) and PFA (Denmark's largest commercial pension company). The project sells electricity to the UK national grid under regulated market arrangements and offers a separate Corporate PPA programme to business customers. Net output is sufficient to power approximately 600,000 UK homes and brings Ørsted's total capacity operating out of Barrow to 1.5 GW.
Operations and maintenance are delivered from Ørsted's Barrow-in-Furness base, supporting more than 250 direct regional jobs and engaging over 50 local suppliers during construction. The Walney Extension Community Fund, administered by GrantScape, provides roughly £600,000 per year for community projects in Cumbria and Lancashire over the asset's 25-year operating life, with over £3 million awarded to 184 projects since 2016.
Ørsted - Walney Extension firmographics
Firmographics- Name
- Ørsted - Walney Extension
- Legal name
- Ørsted A/S
- Website
- https://walneyextension.co.uk
- Company type
- Public
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Ørsted - Walney Extension is a 659 MW operational offshore wind farm in the Irish Sea, owned 50% by Ørsted with AIP Management and PFA, generating clean electricity for approximately 600,000 UK homes.
- Ownership category
- akta.pro rank
Ørsted - Walney Extension industry classification
Industry- Product category
- Offshore Wind Energy Generation
- NAICS
- Wind Electric Power Generation (221115)
- SIC
- Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Offshore Wind Power Generation (Fixed-Bottom) (EUACAFAB)
- akta.pro secondary industries
- Wind Farm Ownership & Operations (IPP/Utility-Owned Asset Operations) (EUACAFAF), Wind Operations, Maintenance & Asset Management (Scheduled/Unscheduled) (EUAMACAH)
Keywords
Where Ørsted - Walney Extension is headquartered
LocationHeadquarters
- HQ city
- Fredericia
- HQ country
- Denmark
- HQ region
- Europe
Offices3 records
Markets served
Ørsted - Walney Extension business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Supply Chain, Technology or R&D, Marketing or Sales
Revenue model
- Electricity Generation and Sale: The 659MW offshore wind farm generates clean electricity sold to the UK grid. Ownership is shared between Ørsted (50%) and partners AIP Management and PFA. Revenue is generated through long-term power purchase agreements (PPAs) or direct grid supply contracts.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
Ørsted - Walney Extension product offering
Product offeringCore offering
Walney Extension is a 659 MW offshore wind farm located approximately 19 km west of Barrow-in-Furness in the Irish Sea, comprising 87 turbines (40 MHI Vestas 8 MW and 47 Siemens Gamesa 7 MW) that generate clean electricity sufficient to power nearly 600,000 UK homes. The project is owned 50% by Ørsted with partners AIP Management and PFA holding the remaining stake, and electricity is sold to the UK grid and to corporate customers via long-term Power Purchase Agreements (PPAs). The wind farm is operated and maintained from Ørsted's Barrow-in-Furness base, covering 145 km² of sea area.
Product overview
Walney Extension is a single offshore wind farm project, not a platform product. It is operated and maintained from Ørsted's base in Barrow-in-Furness, covering an area of 145km² (equal to approximately 20,000 football pitches or 10x Lake Windermere). The project was owned by Ørsted (50%) and partners AIP Management and PFA, and brought Ørsted's total capacity operating out of Barrow to 1.5 GW. The wind farm supports over 250 direct jobs in the region and includes the Walney Extension Community Fund providing approximately £600,000 annually for community projects over the 25-year expected lifetime.
Differentiator
Problem solved
Functional benefit
Products and services
- Walney Extension Offshore Wind Farm A 659 MW utility-scale offshore wind farm located approximately 19 km west of Barrow-in-Furness in the Irish Sea, comprising 87 turbines (40 MHI Vestas 8 MW and 47 Siemens Gamesa 7 MW) that generate enough clean electricity to power nearly 600,000 UK homes. Owned 50% by Ørsted and 50% by partners AIP Management and PFA; operated and maintained from Ørsted's Barrow-in-Furness base.
- Corporate Power Purchase Agreements (PPAs)
Quantifiable outcome
- Powers approximately 600,000 UK homes with clean electricity
- +3 more outcomes
Companies that use Ørsted - Walney Extension
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles2 records
Ørsted - Walney Extension technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Ørsted - Walney Extension partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- MHI VestascoreSupplied 40 MHI Vestas 8MW turbines for Phase 1 of Walney Extension, with blades manufactured at their Isle of Wight facility.
- Siemens GamesacoreSupplied 47 Siemens Gamesa 7MW turbines for Phase 2 of Walney Extension, with blades manufactured at Green Port Hull factory.
- GrantScapeminorIndependent grant-making charity that administers the Walney Extension Community Fund, with decision-making supported by local Advisory Groups.
- University of Hull Aura InitiativeminorCollaborative business support programme involving Ørsted in innovation and skills development for the offshore wind sector.
- Carbon Trust Offshore Wind AcceleratorminorØrsted participates in the Carbon Trust's Offshore Wind Accelerator programme, acting as a catalyst for innovation in the sector.
- Offshore Renewable Energy Catapult Fit For Offshore RenewablesminorØrsted collaborates with ORE Catapult's Fit For Offshore Renewables initiative to leverage skills and capabilities.
- NOF EnergyminorØrsted is involved in NOF Energy's collaborative business support programmes for offshore wind innovation.
Scale indicators9 records
Recent moves5 records
Expansion highlights4 records
Ørsted - Walney Extension competitors and assessment
Company assessmentDirect peers
- Hornsea 2: Ørsted's 1.32GW Hornsea 2 in the North Sea is one of the world's largest operating offshore wind farms. Direct peer sharing the same Ørsted operating platform, UK grid offtake, and PPA structures as Walney Extension.
- Hornsea 1: Ørsted's Hornsea 1 is a 1.218GW offshore wind farm in the North Sea that surpassed Walney Extension as the world's largest in 2020. Direct peer — same developer, same revenue model (UK grid PPAs), same customer base and operational structure.
- Triton Knoll: RWE and J-Power's 857MW Triton Knoll offshore wind farm in the North Sea is a direct comparable to Walney Extension in scale, technology vintage, and UK PPA/grid offtake.
- Moray East: Ocean Winds' (EDP/Engie JV) 950MW Moray East offshore wind farm in Scotland is a direct UK peer of similar vintage and scale, using comparable MHI Vestas 9.5MW turbines and selling into the UK grid/PPA market.
- Dogger Bank A/B/C: SSE, Equinor and Vargrønn's Dogger Bank (3.6GW total) is the world's largest offshore wind farm under construction. Direct peer — same UK North Sea market, PPA offtake, and operational model; defines the next-generation benchmark Walney is being compared against.
- Beatrice Offshore Wind Farm: SSE Renewables and Copenhagen Infrastructure Partners' 588MW Beatrice offshore wind farm in the Moray Firth, Scotland. Direct peer — comparable fixed-bottom UK offshore wind generation asset with similar PPAs and grid supply.
- East Anglia ONE: ScottishPower Renewables' (Iberdrola) 714MW East Anglia ONE is a UK North Sea offshore wind farm. Direct peer — same fixed-bottom offshore wind generation model, similar scale, and same UK grid/PPA offtake structure.
Broad incumbents
- Equinor Renewables UK: Equinor operates Hywind Scotland (floating) and Dudgeon/Sheringham Shoal (fixed-bottom) offshore wind in the UK. Broad incumbent with comparable UK offshore wind generation and PPA business, plus broader oil-and-gas heritage.
- Vattenfall (UK offshore wind portfolio): Vattenfall operates multiple UK offshore wind farms (e.g., Norfolk Vanguard, Aberdeen Offshore Wind Farm). Broad incumbent with deep offshore wind expertise and overlapping UK PPA customer base, though a broader European utility portfolio.
Others
- Siemens Gamesa Renewable Energy: Siemens Gamesa supplied 47 of Walney's 87 turbines and is the dominant global offshore wind turbine OEM. It is an enabling technology peer/ecosystem participant rather than a direct competitor, but its technology roadmap directly determines Walney's repowering economics and long-term competitiveness.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Ørsted - Walney Extension social profiles
Digital presenceØrsted - Walney Extension financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ørsted - Walney Extension leadership team
Management profileNumber of profiles
Ørsted - Walney Extension funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ørsted - Walney Extension M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ørsted - Walney Extension
What does Ørsted - Walney Extension do?
Walney Extension is a 659 MW offshore wind farm located approximately 19 km west of Barrow-in-Furness in the Irish Sea, comprising 87 turbines (40 MHI Vestas 8 MW and 47 Siemens Gamesa 7 MW) that generate clean electricity sufficient to power nearly 600,000 UK homes. The project is owned 50% by Ørsted with partners AIP Management and PFA holding the remaining stake, and electricity is sold to the UK grid and to corporate customers via long-term Power Purchase Agreements (PPAs). The wind farm is operated and maintained from Ørsted's Barrow-in-Furness base, covering 145 km² of sea area.
Is Ørsted - Walney Extension a public or private company?
Ørsted - Walney Extension is a public company. It is classified as public and is currently operating.
When was Ørsted - Walney Extension founded?
Ørsted - Walney Extension was founded in 2006. It employs 5,001 to 10,000 people.
Where is Ørsted - Walney Extension based?
Ørsted - Walney Extension is headquartered in Fredericia, Denmark, in the Europe region.
How does Ørsted - Walney Extension make money?
One revenue line is on record: electricity Generation and Sale.
Who are Ørsted - Walney Extension's main competitors?
Direct peers on record are Hornsea 2, Hornsea 1, Triton Knoll, Moray East, Dogger Bank A/B/C, Beatrice Offshore Wind Farm and East Anglia ONE. Broad incumbents are Equinor Renewables UK and Vattenfall (UK offshore wind portfolio). Siemens Gamesa Renewable Energy is listed as an others.
Does Ørsted - Walney Extension have an API?
No public API is recorded for Ørsted - Walney Extension.
What industry is Ørsted - Walney Extension in?
Ørsted - Walney Extension's product category is Offshore Wind Energy Generation. Its primary akta.pro industry code is EUACAFAB, Offshore Wind Power Generation (Fixed-Bottom), with a secondary code of EUACAFAF, Wind Farm Ownership & Operations (IPP/Utility-Owned Asset Operations). Its NAICS code is 221115 and its SIC code is 4991.