DGAP-News: PNE AG
/ Key word(s): Miscellaneous
PNE AG will be included in the SDAX
07.06.2022 / 10:00
The issuer is solely responsible for the content of this announcement.
PNE AG will be included in the SDAX
- Important milestone for listed provider of clean energy solutions
- Effectiveness of SDAX inclusion as of June 20, 2022
Cuxhaven, June 7, 2022 - PNE AG, a leading international developer and operator of renewable energy power plants with a listing in the Prime Standard of Deutsche Börse, is moving up to the SDAX and will be listed in the index from June 20, 2022. This was announced by Deutsche Börse on June 3, 2022. In addition to the high transparency requirements of the Prime Standard, PNE thus also fulfils the size criteria relevant for inclusion in the index. This makes PNE one of the 70 largest companies in terms of free float market capitalisation below the DAX and MDAX.
"We are pleased about the timely inclusion in the SDAX. Only recently our market capitalisation increased to over one billion. The promotion to the SDAX now represents another important milestone in the stock market story of our company," said Markus Lesser, CEO of PNE AG. "Moreover, the inclusion in the SDAX proves that the PNE Group is an important enabler of the energy turnaround and enjoys a high level of trust in the market with its sustainable business model," Lesser continued.
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 to become 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 developing and operating wind farms. 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.
PNE AG
Christopher Rodler
Investor Relations
Phone: +49 (0) 4087 933 114
Fax: +49 (0) 4721 718 373
Christopher.Rodler(at)pne-ag.com
PNE AG
Meike Wulfers
Head of Corporate Communications
Phone: +49 (0) 151 559 6867 50
Fax: +49 (0) 4721 718 9351
Meike.Wulfers(at)pne-ag.com
07.06.2022 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
PNE AG, formerly PNE Wind AG, is a Germany-based renewable energy company. The Company develops onshore and offshore wind farms. It operates through two segments. The Electricity Generation segment covers the generation of electricity from the operation of own wind farms, and the Projecting of Wind Power Turbines covers the activities from initial site exploration, approval procedure, financing, turnkey construction, operation and repowering, as well as related services. The Company operates under the brands PNE and WKN and is active through subsidiaries and joint ventures in Europe, South Africa, the United States and Canada. The Company's offshore wind farms are mainly located in the North Sea and onshore wind farms are in numerous countries in Europe, as well as in South Africa, the United States and Canada. In addition to wind energy, PNE AG pursues solutions in the areas of photovoltaic energy, electricity storage and power-to-gas technologies with a focus on hydrogen.