27472 Cuxhaven, de
+49 (611) 205855-64
PNE WIND AG plans to issue bonds and is negotiating a possible acquisition
PNE WIND AG intends to use the proceeds to fund both organic and inorganic future growth. To this extent, the planned issuance of the corporate bond is in connection with exclusive talks, which PNE WIND AG is currently conducting, for the possible acquisition of over 50 % of the shares in a company. The target company is primarily active in the development of onshore wind farms in Germany and abroad. The initial price indication for 100 % of the shares amounts to EUR 100 million. PNE WIND AG is currently conducting Due Diligence.
The expansion of the on and offshore wind project pipeline in Germany and abroad through project acquisition as well as providing interim financing for the equity proportion of our German wind farm projects are further options for the proceeds of the planned corporate bond. Currently PNE WIND AG has wind farms with a nominal output of approximately 180 MW that are in the approval process which are due to be realised in the near future. By providing the equity portion of the wind farm projects, PNE WIND AG could then sell fully constructed wind farms to potential investors after commissioning.
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