PNE AG Reports Operational Success in H1 Despite Wind Challenges

PNE AG has announced its half-year results for 2025, demonstrating resilience amid challenging wind conditions. The company successfully commissioned four wind farms and expanded its project pipeline to 19.0 GW, a slight increase from 18.9 GW by the end of 2024.

The adverse wind conditions early in the year negatively impacted earnings, despite alignment with expectations in the second quarter. PNE AG reported a stable total output of EUR 173.8 million and revenues of EUR 73.9 million. However, EBITDA fell to EUR 4.7 million, and the operating result (EBIT) registered at EUR -14.0 million.

PNE's CEO, Heiko Wuttke, expressed confidence for the second half of 2025, highlighting planned project sales in Germany, Poland, and France. The company's IPP portfolio now stands at 490.9 MW, following the commissioning of new wind farms.