PNE takes over majority of Spanish developer KOYLA

Image: PixabayImage: Pixabay
The acquisition also marks the market entry for the German company in Spain.

Official Press Release PNE AG:

PNE AG acquires majority in Spanish developer

Wind Industry Profile of
PNE AG acquires majority in Spanish developer

Acquisition of 51% in KOLYA / PV project pipeline of PNE AG increases to a total of 4,216 MWp / Market entry in Spain through shareholding

PNE AG has acquired 51% of the shares in Coliaenergia ESPAÑA, S.L (KOLYA), a Spanish developer for large solar projects based in Albacete. With the acquisition of these shares and the 1,808 MWp thereby contributed as well as PNE's own gains in the PV sector in the second quarter of 2022, the company's PV project pipeline increases by over 40 percent to a total of 4,216 MWp. With this acquisition, PNE AG is also entering the Spanish market. The sellers are Consultoria Industrial Beaguihe, S.L. and GARISUN RENOVABLES S.L. The purchase price is in the single-digit million range and is partly dependent on the success of the... ... More: Official Press Release PNE AG

PNE, Spain, KOYLA, developer, wind, solar, onshore, capacity, pipeline, site, acquisition, share, majority, market

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