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DNNGY - Lots Of Action In Offshore Wind Interest In Orsted To Follow

2023-03-15 21:20:11 ET

Summary

  • With major European, US, and Asian focus on wind power (especially offshore), the problems that have recently plagued the industry are being addressed.
  • Orsted is the world’s largest offshore wind project developer and it is well-positioned to benefit from massive offshore wind expansion in the next decade.
  • Orsted has recently provided details of why and how it is in turnaround mode.
  • Orsted’s planned 50 GW renewable capacity target (30 GW offshore wind) by 2030 is likely to be exceeded, with a big pipeline of projects to choose from.
  • Given Orsted’s 31.2% fall in share price over the past 12 months, now is a good time to consider investment.

For further details see:

Lots Of Action In Offshore Wind, Interest In Orsted To Follow
Stock Information

Company Name: Orsted A/S ADR
Stock Symbol: DNNGY
Market: OTC

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