OB:AKSOEnergy Services
Does New Offshore Wind and Hydropower Contract Surge Change The Bull Case For Aker Solutions (OB:AKSO)?
Aker Solutions ASA recently announced it had won a substantial HVDC substructure contract worth between NOK 2,500 million and NOK 4,000 million for a European offshore wind project, alongside a sizeable NOK 500 million to NOK 1,500 million contract with Tussa Energi AS for electromechanical equipment at the Tussa II hydropower plant in western Norway.
Together, these awards add billions of kroner to Aker Solutions’ order intake in renewables and hydropower, underlining growing demand for its...