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Orsted ( (DOGEF) ) has provided an announcement.
Ørsted A/S announced the successful completion of its rights issue, raising significant capital through the subscription of new shares, primarily supported by the Danish State and other investors. This financial boost strengthens Ørsted’s foundation, enabling the company to focus on its offshore wind projects and maintain its market leadership, particularly in Europe, while addressing regulatory challenges in the US.
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, contributing to a total renewable energy capacity exceeding 18 GW across Europe, Asia Pacific, and North America. The company is recognized for its commitment to sustainability and is headquartered in Denmark, employing approximately 8,000 people.
For detailed information about DOGEF stock, go to TipRanks’ Stock Analysis page.