PNE AG Starts 2026 with Strong Financial Performance

PNE AG began the 2026 financial year positively, reporting substantial increases in their normalized EBITDA to EUR 17.9 million. The increase is attributed to successful project sales and favorable wind conditions. The company confirmed its 2026 financial guidance, projecting a normalized EBITDA between EUR 110 million and EUR 140 million.

In the first quarter, PNE sold four wind energy projects and one photovoltaic project, acquiring permits for 14 new projects with a combined output of 335.9 MW. Total operating revenue increased to EUR 68.9 million, and the operating result improved significantly with EBIT reaching EUR 3.2 million.

PNE's project pipeline remains robust at 21.7 GW. Construction is underway for eight wind farms totaling 122 MW in Germany. Enhanced wind conditions boosted power generation to about 262 GWh, reducing emissions by approximately 198,000 t CO2e.