Overview
Description
Orsted A/S Unsponsored ADR represents the American Depository Receipts of Orsted A/S, an established global leader in renewable energy. Primarily focusing on offshore wind power, Orsted has evolved from a conventional energy producer to a green energy pioneer, significantly impacting sectors such as sustainable energy and environmental technology. The ADRs enable U.S. investors to engage in the equity of a foreign company, specifically a Danish enterprise, without dealing in foreign markets directly. This asset plays a crucial role in providing access to international diversification within investment portfolios, as it is traded on American exchanges while reflecting Orsted's performance in global markets. These ADRs help bridge the gap between American investors and the European renewable energy market, underscoring Orsted's commitment to sustainable energy solutions. Known for its substantial investments in offshore wind farms, Orsted A/S is a pivotal player in reducing carbon emissions and advocating for environmentally friendly practices, thus influencing global trends in energy production.
About
CEO
Mr. Rasmus Errboe
Employees
8203
Address
Kraftvaerksvej 53
Skaerbaek
Fredericia, 7000
Skaerbaek
Fredericia, 7000
Phone
45 99 55 11 11
Website
Instrument type
American depositary receipt
Sector
Utilities
Industry
Utilities - Renewable
Country
Germany
MIC code
XSTU