PNE AG with dynamic start into the 2023 fiscal year

Wind Industry Profile of

Dynamic start thanks to a high number of permits and successes in tenders / Project pipeline reaches 13.8 GW/GWp in the first quarter of 2023 / Further expansion of own generation portfolio / Results compared to previous year characterised by lower electricity prices and lower wind supply

PNE AG has made a dynamic start into the 2023 fiscal year in operational terms. The first three months laid the foundation for a successful business year with a high number of permits (67 megawatts in Germany and 12 megawatts in France) and tenders won (96 megawatts). In the first quarter of 2023, the Group recorded total aggregate output of euro 45.3 million (prior year: euro 37.9 million), revenues of euro 32.2 million (prior year: euro 29.5 million), earnings before interest,... ... More: Official Press Release PNE

Keywords:

PNE, wind, solar, wind farm, portfolio, Germany, developer, auction, international, tender, quarter, Q1