PNE continues momentum and grows portfolio

Wind Industry Profile of

EBITDA increased significantly / Wind and PV project pipeline raised to 11.4 GW/GWp / Internal operations for electricity generation expanded

PNE AG closes the first three quarters of 2022 very successfully. Despite the challenging market environment, PNE significantly increased its corporate results and is well prepared for the future thanks to its full project pipeline. For the first nine months of 2022, the Group reported total aggregate output of euro 152.1 million (prior year: euro 134.6 million) and revenues of euro 76.7 million (prior year: euro 54.2 million). Earnings before interest, taxes, depreciation and amortisation (EBITDA) increased by 66 percent year-on-year to euro 21.1 million (prior year: euro 12.7 million). The basic earnings per share increased to... ... More: Official Press Release PNE AG

Keywords:

PNE, forecast, quarter, Q3, momentum, wind farm, solar, pipeline, capacity, electricity production, developer, portfolio