tiprankstipranks
Company Announcements

Aker Solutions Secures Contract for German Offshore Wind Project

Story Highlights
Aker Solutions Secures Contract for German Offshore Wind Project

Discover the Best Stocks and Maximize Your Portfolio:

Aker Solutions ASA ( (GB:0QXP) ) has shared an announcement.

Aker Solutions has secured a significant contract with Dragados Offshore to supply the steel substructure for the BalWin1 HVDC converter station, part of a 2GW offshore wind grid connection in Germany for Amprion Offshore GmbH. This contract, including an option for BalWin2, aligns with Aker Solutions’ strategy to enhance its presence in renewable and low-carbon projects, and will involve substantial employment and operations in Norway, impacting the renewable energy sector with a total potential transmission capacity of 4GW.

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 the development of renewable solutions. The company employs around 11,800 people across more than 15 countries.

YTD Price Performance: 1.24%

Average Trading Volume: 247,411

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: NOK15.38B

See more insights into 0QXP stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1