on Ãrsted A/S (isin : DK0060094928)
Ørsted Finalizes 50% Sale of Greater Changhua 4 Stake
Ørsted, a leader in renewable energy, has completed the sale of 50% of its stake in the Greater Changhua 4 Offshore Wind Farm. The purchaser is Cathay Life Insurance. This transaction involves a 583 MW power project.
This move aligns with Ørsted's strategic goals and does not alter its financial outlook for 2024. Their vision emphasizes a transition to green energy, including wind, solar, and bioenergy developments.
The Greater Changhua 4 is part of Ørsted's broader portfolio, reflecting the company's commitment to sustainable energy sources. With headquarters in Denmark, Ørsted aims to lead in climate action, as highlighted by their achievements and listings on global platforms such as Nasdaq Copenhagen.
R. E.
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