Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Germany
  4. Xetra
  5. PNE AG
  6. News
  7. Summary
    PNE3   DE000A0JBPG2

PNE AG

(PNE3)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

PNE : sells wind farm projects in Romania

07/15/2021 | 06:42am EDT

DGAP-News: PNE AG / Key word(s): Disposal
PNE AG sells wind farm projects in Romania

15.07.2021 / 12:41
The issuer is solely responsible for the content of this announcement.


Corporate News

PNE AG sells wind farm projects in Romania

- Global company acquires rights for three wind farms with 220.8 MW

- PNE continues to support project development

- Concentration on Romanian photovoltaic projects

Cuxhaven, July 15, 2021 - PNE AG sold the rights to three wind farm projects in Romania to a large global renewable energy company. Wind turbines with a nominal output of up to 220 MW can be constructed in the projects. PNE and the investor will cooperate in the 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 have changed in many cases. Together, PNE and the purchaser intend to further develop the projects up to the financing decision for construction. The investor will be responsible for the financing, construction and subsequent operation of the wind farms. PNE considers the positive development of the market for renewable energies in Romania to be encouraging.

Markus Lesser, CEO of PNE AG: "I am pleased that we have found a very experienced and strong investor for our Romanian wind farm projects. Together we will now work on the further project development up to realisation. 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. Based on this success, the Group has developed into a "clean energy solutions provider". From initial site exploration and implementation of approval procedures via financing and turnkey construction to operation and repowering, the Company's services encompass all the phases of developing and operating wind farms. In addition to wind energy, PNE offers photovoltaics, electricity storage, service products and the supply of clean electricity. PNE is also focussing on the development of power-to-X solutions.

Contacts for enquiries


PNE AG
Rainer Heinsohn
Corporate Communications
Phone: +49 (0) 4721 718 453
Fax: +49 (0) 4721 718 373
Rainer.Heinsohn(at)pne-ag.com

PNE AG
Christopher Rodler
Investor Relations
Phone: +49 (0) 40 87933 114
Fax: +49 (0) 4721 718 373
Christopher.Rodler(at)pne-ag.com

 


15.07.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: PNE AG
Peter-Henlein-Straße 2-4
27472 Cuxhaven
Germany
Phone: 04721 / 718 - 06
Fax: 04721 / 718 - 200
E-mail: info@pne-ag.com
Internet: http://www.pne-ag.com
ISIN: DE000A0JBPG2, DE000A2LQ3M9, , DE000A12UMG0,
WKN: A0JBPG, A2LQ3M, , A12UMG,
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1219312

 
End of News DGAP News Service

1219312  15.07.2021 

fncls.ssp?fn=show_t_gif&application_id=1219312&application_name=news&site_id=zonebourse_sftp

ę EQS 2021
All news about PNE AG
09/22PNE AG : Release according to Article 40, Section 1 of the WpHG [the German Securities Tra..
DJ
09/22PNE AG : Release according to Article 40, Section 1 of the WpHG [the German Securities Tra..
EQ
09/08Exclusive-Activist ENKRAFT takes stake in RWE, calls for separation of lignite ops
RE
08/12ORIGINAL-RESEARCH : PNE AG (von First Berlin Equity Research GmbH): Hinzufügen
DJ
08/11PNE : Download Webcast Präsentation
PU
08/11PNE : Q2 report 2021
PU
08/11PNE AG : Significant increase in earnings in the first half of 2021
PU
08/11PNE AG : Significant increase in earnings in the first half of 2021
EQ
08/11PRESS RELEASE : PNE AG: Significant increase in earnings in the first half of 2021
DJ
08/09DGAP-AFR : PNE AG: Preliminary announcement of the publication of financial reports accord..
DJ
More news
Financials
Sales 2021 161 M 189 M 189 M
Net income 2021 -4,28 M -5,02 M -5,02 M
Net Debt 2021 349 M 409 M 409 M
P/E ratio 2021 -141x
Yield 2021 0,54%
Capitalization 563 M 660 M 660 M
EV / Sales 2021 5,66x
EV / Sales 2022 6,12x
Nbr of Employees 458
Free-Float 56,9%
Chart PNE AG
Duration : Period :
PNE AG Technical Analysis Chart | PNE3 | DE000A0JBPG2 | MarketScreener
Technical analysis trends PNE AG
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 4
Last Close Price 7,38 €
Average target price 8,55 €
Spread / Average Target 15,9%
EPS Revisions
Managers and Directors
Markus Lesser Chief Executive Officer
J÷rg Klowat Chief Financial Officer
Per Hornung Pedersen Chairman-Supervisory Board
Marcel Egger Member-Supervisory Board
Florian M. Schuhbauer Member-Supervisory Board