Mooreast Holdings Ltd. (SG:1V3) has released an update.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Mooreast Holdings Ltd., listed on SGX, has appointed Eirik Ellingsen as CEO starting January 2025 to spearhead its expansion in the global floating offshore wind market. The company, known for its mooring solutions and high-power anchor manufacturing, is enhancing its production capabilities with a new facility in Scotland to support up to 2GW of floating wind energy annually. This strategic move aims to capitalize on the rising demand for floating offshore renewable energy worldwide.
For further insights into SG:1V3 stock, check out TipRanks’ Stock Analysis page.