on PNE WIND AG (ETR:PNE3)
PNE AG Streamlines Project Pipeline Amid Market Adjustments
PNE AG has conducted a strategic review, leading to the streamlining of its project pipeline following a successful operational year in 2025. The company made value adjustments due to changing market conditions, particularly in Canada, Spain, and Romania, while maintaining an adjusted consolidated EBITDA forecast between EUR 70 million and EUR 80 million.
The adjustments do not affect PNE's liquidity and aim to address all identifiable risks, ensuring future stability. Despite these changes, PNE AG reported a profitable year, selling projects totaling 428 MW and expanding their operational wind farms to 497 MW.
CEO Heiko Wuttke emphasized that the project pipeline adjustments enhance the company's risk profile and align with their strategy of exiting less profitable markets, including the US, UK, and others. Final financial results for 2025 will be disclosed on March 26, 2026.
R. E.
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