DGAP-Media / 14.03.2022 / 11:17

Corporate News

PNE AG: Photovoltaic projects with 280 MWp sold in Romania and USA

- Romania: 81 MWp project developed ready for construction

- USA: 199 MWp project sold

- Milestone for expansion of photovoltaics business and strategic further development

Cuxhaven, 14. March 2022 - PNE AG has sold two photovoltaic projects in Romania and USA with a total nominal output of around 280 megawatts peak (MWp).

The Romanian project with a nominal capacity of around 81 MWp is located in Oradea and was developed to construction maturity and then sold. The buyer of this project is Econergy International Ltd., headquartered in Israel, which will take over the further realization of this project.

The second project is a 199 MWp photovoltaic project in an early development phase in the USA. The customer is a leading operator in the USA. A second phase is possible for this project. After realization, the 2-phase project can reach a nominal capacity of up to 398 MWp and would thus become one of the largest photovoltaic plants in the State of Utah.

These are the first PV projects that PNE has sold as part of its expanded business model. The company is thus successfully implementing its strategic further development towards becoming a "Clean Energy Solutions Provider".

"The sale of these two photovoltaic projects is a milestone in the strategic development of our business model and proves that we are on the right track. In addition to wind energy, we are now also developing photovoltaic projects - at present in seven countries in Europe, the USA and South Africa. At present, we are working on PV projects with a nominal output of well over 1,000 MWp. Together with our partners, we are thus making an important contribution to the global energy transition," commented Markus Lesser, Chairman of the Board of Management of PNE AG.


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 phases of project development and operation. In addition to wind energy, the company's range of offers includes 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) 4087 933 114
Fax: +49 (0) 4721 718 373
Christopher.Rodler(at)pne-ag.com


 


End of Media Release


Issuer: PNE AG
Key word(s): Energy

14.03.2022 Dissemination of a Press Release, transmitted by DGAP - a service of EQS Group AG.
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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: 1301559

 
End of News DGAP Media

1301559  14.03.2022 

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