PNE publishes significant increase in earnings

Image: PixabayImage: Pixabay
German project developer PNE continues to develop successfully in operational and financial terms.

Official Press Release PNE:

PNE AG: Significant increase in earnings in the first half of 2021

Wind Industry Profile of
PNE AG: Significant increase in earnings in the first half of 2021

Total aggregate output and EBITDA increased significantly / Portfolio of internally operated wind farms further expanded / Strong growth of the wind and photovoltaic project pipelines

In the first half of 2021, PNE AG continued to develop successfully in operational and financial terms as a result of the successful development of further wind farm projects, the start of construction and sale of wind farms in Germany and abroad as well as the positive course of business in the service sector. This is shown in the half-year report published today. In the first six months, the Group recorded total aggregate output of euro 93.9 million (prior year: euro 77.0 million), earnings before interest, taxes, depreciation and amortisation (EBITDA) of euro 13.3 million (prior year:... ... More: Official Press Release PNE

PNE, increase, first half, EBITDA, portfolio, wind farm, onshore, pipeline, reserve, gwoth, PV, sale, goal

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