tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

AF Gruppen’s Aeron Secures Major Contract for Offshore Wind Project

Story Highlights
AF Gruppen’s Aeron Secures Major Contract for Offshore Wind Project

Claim 70% Off TipRanks This Holiday Season

AF Gruppen ASA ( (AGRUF) ) has issued an announcement.

Aeron, a subsidiary of AF Gruppen, has secured a significant contract worth approximately NOK 150 million with the HSI Joint Venture for the Modular Offshore Grid 2 project on Princess Elisabeth Island in Belgium. This project, which is a strategic milestone for Aeron, involves the engineering and assembly of HVAC-R systems for the world’s first artificial island dedicated to offshore wind, highlighting AF Gruppen’s role in shaping Europe’s future energy infrastructure.

The most recent analyst rating on (AGRUF) stock is a Hold with a NOK196.00 price target. To see the full list of analyst forecasts on AF Gruppen ASA stock, see the AGRUF Stock Forecast page.

More about AF Gruppen ASA

AF Gruppen is a prominent company in the construction and engineering industry, providing advanced HVAC-R systems for offshore installations across Europe. The company focuses on delivering innovative solutions for energy infrastructure projects, particularly in the offshore wind sector.

Average Trading Volume: 39,300

Current Market Cap: NOK19.47B

See more data about AGRUF stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1