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The latest announcement is out from Orsted ( (DOGEF) ).
Ørsted has finalized the divestment of a 12.45% minority stake in four UK offshore wind farms to Brookfield, following an initial announcement in October 2024. This strategic move is part of Ørsted’s ongoing efforts to optimize its portfolio in the renewable energy sector, potentially enhancing its financial flexibility and positioning within the industry.
More about Orsted
Ørsted is a leader in the renewable energy industry, developing, constructing, and operating offshore and onshore wind farms, solar farms, energy storage, renewable hydrogen, green fuels facilities, and bioenergy plants. With a commitment to a world powered entirely by green energy, Ørsted has been recognized for its leadership in climate action and has a validated science-based net-zero emissions target. Headquartered in Denmark, the company employs approximately 8,400 people and is listed on Nasdaq Copenhagen.
YTD Price Performance: -17.69%
Average Trading Volume: 679
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $19.01B
For a thorough assessment of DOGEF stock, go to TipRanks’ Stock Analysis page.
