PNE AG Revises 2026 Financial Forecast Due to Project Delays

PNE AG announced a revision of its 2026 financial guidance, adjusting expected EBITDA to between EUR 60 million and EUR 75 million. The company cited project delays as the primary reason for this adjustment. These projects are now anticipated to be completed in 2027, attributable to extended transaction processes and postponed permitting procedures. Furthermore, PNE AG opted to keep certain wind farms within its generation portfolio, initially intended for sale.

Despite these setbacks, PNE AG reported solid operational performance. The company successfully sold eleven projects with a capacity of 361 MW in Germany, Poland, and France. Additionally, significant progress has been made in expanding the project pipeline, with permits secured for numerous wind and photovoltaic projects, amounting to considerable new capacity.

CEO Heiko Wuttke emphasized the robust quality of the company's project pipeline and business model, highlighting the continued structural growth in renewable energy demand.