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The latest update is out from Orsted ( (DOGEF) ).
Ørsted A/S has completed a rights issue, increasing its share capital by DKK 9,008,166,000 through the issuance of 900,816,600 new shares. These shares are expected to be listed on Nasdaq Copenhagen, reflecting a significant capital boost that strengthens Ørsted’s financial position. This move is likely to enhance Ørsted’s market presence and operational capabilities in the renewable energy sector, providing potential growth opportunities and reinforcing its commitment to green energy.
More about Orsted
Ørsted is a global leader in developing, constructing, and operating offshore wind farms, primarily focusing on Europe. With over 30 years of experience, Ørsted has 10.2 GW of installed offshore capacity and 8.1 GW under construction. The company also has a diverse renewable energy portfolio, including onshore wind, solar power, energy storage, and bioenergy plants, totaling over 18 GW across Europe, Asia Pacific, and North America. Headquartered in Denmark, Ørsted employs approximately 8,000 people and is recognized as a sustainability leader.
Learn more about DOGEF stock on TipRanks’ Stock Analysis page.