Orsted ( (DOGEF) ) has issued an announcement.
Ørsted and Nuveen Infrastructure have announced the commencement of commercial operations at the Gode Wind 3 Offshore Wind Farm in Germany, which is now capable of supplying renewable energy to approximately 250,000 households. This marks Ørsted’s fifth operational offshore wind farm in Germany, reinforcing its position as a market leader with nearly 20% of the country’s offshore wind capacity. The project highlights Ørsted’s commitment to expanding renewable energy supply and includes innovative installation methods that reduce underwater noise. The successful operation of Gode Wind 3 is a significant milestone in Ørsted’s strategy to enhance green energy production and supports Germany’s transition to sustainable energy solutions.
More about Orsted
Ørsted is a global leader in renewable energy, specializing in the development, construction, and operation of offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants. Headquartered in Denmark, Ørsted is recognized for its commitment to green energy and climate action, with its shares listed on Nasdaq Copenhagen. The company employs approximately 8,300 people and reported a revenue of DKK 71.0 billion in 2024.
YTD Price Performance: -4.31%
Average Trading Volume: 750
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $19.19B
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