Orsted AS Secures Financing for Offshore Wind Farm Projects in Taiwan
Orsted AS, a Danish renewable energy company, has completed jacket installation at the Changhua 2b&4 project and secured funding for its Greater Changhua 2 project. The financing was supported by 25 banks and five export credit institutions.
The funding for the Greater Changhua 2 project is expected to enhance Orsted AS’s financial prospects. Several analysts have revised their price targets for the company, including SEB, which has increased its target price to 300 Danish kronor.
The company’s shares have shown an increase in value, reflecting growing confidence in its ability to deliver large-scale renewable energy projects.
Key Developments:
- Jacket installation completed at the Changhua 2b&4 project
- Funding secured for the Greater Changhua 2 project
- 25 banks and five export credit institutions provided support
- Several analysts revised their price targets for Orsted AS