ABO Wind's business development boosted in Q1

Wind Industry Profile of

The acceleration of the energy transition in Germany and other countries is boosting ABO Wind's business development.

"We are well on track and satisfied with the business figures of the first quarter," says Managing Director Alexander Reinicke. There is evidence that the group will generate a net profit of significantly more than 20 million euros in 2023. The company achieved this for the first time in the 2022 financial year. Further increases are expected in the coming years. Meanwhile, the number of ready-to-build projects is increasing significantly. To be able to rapidly build as many of these wind and solar farms as possible in the company's European core markets, the Managing Board is currently examining various options, such as a capital increase. A lot... ... More: Official Press Release ABO Wind

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ABO Wind, quarter, Q1, Germany, energy transition, developer, project, solar, wind farm, condition, renewable energy