Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Orsted ( (DOGEF) ) has shared an announcement.
Ørsted and PGE have made the final investment decision on the 1.5 GW Baltica 2 Offshore Wind Farm, a significant renewable energy project located 40 km off the Polish coast, expected to be operational by 2027. This collaboration marks a pivotal step in Poland’s energy transition, enhancing energy security, reducing reliance on fossil fuels, and supporting economic development through job creation and industrial growth. With all major contracts secured, the project is de-risked and poised to contribute significantly to Poland’s low-emission energy goals.
More about Orsted
Ørsted is a Danish company that develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage facilities, renewable hydrogen and green fuels facilities, and bioenergy plants. It aims for a world powered entirely by green energy and is recognized as a global leader in climate action with a validated science-based net-zero emissions target by the Science Based Targets initiative. Ørsted employs approximately 8,400 people and is listed on Nasdaq Copenhagen, reporting a revenue of EUR 10.6 billion in 2023.
YTD Price Performance: -21.29%
Average Trading Volume: 861
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $15.78B
See more insights into DOGEF stock on TipRanks’ Stock Analysis page.
