Overview
Description
Vestas Wind Systems A/S Sponsored ADR represents shares of Vestas Wind Systems A/S, a globally leading company in wind energy solutions. This asset allows U.S. investors to indirectly own shares in Vestas, providing exposure to the renewable energy sector without dealing with foreign stock exchanges. Vestas, headquartered in Denmark, plays a crucial role in the production, installation, and servicing of wind turbines, a key component in global efforts to transition to sustainable energy sources. This ADR facilitates capital inflow from international investors into the renewable energy sector, thereby promoting advancements in clean technology and energy diversification. The company's operations impact a range of sectors, including utilities, manufacturing, and environmental services, and are pivotal in transitioning toward a more sustainable energy future. By trading on a major U.S. stock exchange, this ADR enhances the liquidity and accessibility of Vestas' shares, underlining its importance in the global wind power industry.
About
CEO
Mr. Henrik Andersen
Employees
35100
Address
Hedeager 42
Aarhus N
Aarhus, 8200
Aarhus N
Aarhus, 8200
Phone
45 97 30 00 00
Website
Instrument type
Common stock
Sector
Industrials
Industry
Specialty Industrial Machinery
Country
Germany
MIC code
XSTU