Denmark-based Ørsted A/S (<a href="https://www.nasdaqomxnordic.com/shares/microsite?Instrument=CSE122544&symbol=ORSTED&name=%C3%98rsted" target="_blank">CPH:ORSTED</a>) will provide a guarantee of up to USD 100 million (EUR 105.5m) against the construction of the 1.1-GW Ocean Wind 1 project offshore New Jersey within the approved timeline.