PNE AG sells wind farm projects in Romania

DGAP-News: PNE AG / Keyword (s): Elimination
07/15.2021 / 12:41
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PNE AG sells wind farm projects in Romania

Global company acquires rights to three 220.8 MW wind farms

– PNE continues to support the development of projects

– Focus on Romanian photovoltaic projects

Cuxhaven, July 15, 2021 – PNE AG has sold the rights to three wind farm projects in Romania to a large global renewable energy company. Wind turbines with a nominal power of up to 220 MW can be built in the projects. PNE and the investor will cooperate in further development. The parties have agreed not to disclose the purchase price.

In recent years, PNE has continuously developed the projects and adapted them to the framework conditions, which in many cases have changed. Together, PNE and the purchaser intend to continue the development of the projects until the construction financing decision is made. The investor will be responsible for the financing, construction and subsequent operation of the wind farms. PNE considers the positive development of the renewable energy market in Romania to be encouraging.

Markus Lesser, CEO of PNE AG: “I am delighted that we have found a very experienced and solid investor for our Romanian wind farm projects. Together, we will now work on the development of the project until its completion. PNE will also focus on the development of photovoltaic projects in Romania. “

PNE was advised on the transaction by Kreen Ltd.

About the PNE Group
The internationally operating PNE group, with its brands PNE and WKN, is one of the most experienced project developers of onshore and offshore wind farms. Building on this success, the Group has become a “supplier of clean energy solutions”. From initial site exploration and implementation of approval procedures through financing and turnkey construction to operation and repowering, the Company’s services encompass all phases of development. and the operation of wind farms. In addition to wind power, PNE offers photovoltaics, electricity storage, service products and the supply of clean electricity. PNE also focuses on the development of power-to-X solutions.

Contacts for inquiries

PNE SA
Rainer Heinsohn
Business communication
Telephone: +49 (0) 4721 718 453
Fax: +49 (0) 4721 718 373
Rainer.Heinsohn (at) pne-ag.com

PNE SA
Christophe Rodler
Investor Relations
Telephone: +49 (0) 40 87 933 114
Fax: +49 (0) 4721 718 373
Christopher.Rodler (at) pne-ag.com

07.15.2021 Distribution of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
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Lois Mendez

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