Aker Solutions Secures Major Contract for Offshore Wind Project in Germany

Aker Solutions ASA ( (GB:0QXP) ) has provided an update.

Aker Solutions has secured a significant contract with Dragados Offshore to provide the steel substructure for a 2GW HVDC converter station as part of the BalWin2 offshore wind grid connection in Germany. This project, which will be fabricated at Aker Solutions’ yard in Verdal, Norway, is expected to employ over 450 people at its peak and will contribute to the company’s Renewables and Field Development segment. The contract highlights Aker Solutions’ efforts in standardization and industrialization to enhance productivity and reduce costs, reinforcing its position in the renewable energy sector.

The most recent analyst rating on (GB:0QXP) stock is a Hold with a NOK58.00 price target. To see the full list of analyst forecasts on Aker Solutions ASA stock, see the GB:0QXP Stock Forecast page.

More about Aker Solutions ASA

Aker Solutions delivers integrated solutions, products, and services to the global energy industry, focusing on low-carbon oil and gas production and renewable solutions. The company employs approximately 11,800 people across more than 15 countries, leveraging innovative digital solutions to accelerate the transition to sustainable energy production.

Average Trading Volume: 1,090,210

Current Market Cap: NOK15.98B

For detailed information about 0QXP stock, go to TipRanks’ Stock Analysis page.