PNE WIND AG has successful placed its corporate bond 2018/2023 and fixed the definitive volume at € 50 million. This corresponds to the target volume. The rate was fixed at 4.00 % p.a. and thus at the lower end of the range of 4.00% p.a. to 4.75% p.a.
Looft repowering project (16.5 MW) completed / Start of construction of the Gerdau-Schwienau repowering project (21.6 MW) / Further permits obtained
Group EBIT 2017 at the upper end of the forecast raised during the year / Initial successes with the setting up of the new 200 MW portfolio / Advancement to a Clean Energy Solution Provider has been started
As a result of the positive end to the 2017 fiscal year, the Supervisory Board of PNE WIND AG decided today, in agreement with the proposal of the Board of Management, to suggest to the general meeting of shareholders on June 6, 2018 the distribution of a four percent dividend on the notional interest in the share capital per registered no-par value share entitled to a dividend for fiscal 2017.
EBIT of euro 23.7 million (prior year: euro 7.2 million) / International business continues to develop positively / Profit guidance increased to euro 17 to 23 million
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