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Business Summary: PNE AG, formerly PNE Wind AG, is a Germany-based renewable energy company. The Company is operating as project developer in renewable energies. It operates through three segments such as project development, power generation and services. The project development segment plans and develops wind farms on land and at sea not only wind energy but also photovoltaics, green hydrogen and power-to-X technologies are also part of their offering. The service segment offers customers a comprehensive service portfolio and cover the entire spectrum from the planning to the operation of wind farms and photovoltaic projects as well as an all-round carefree package. The power generation provides electricity through onshore wind energy and photovoltaics with their own operations portfolio from project development.
Financial Summary: BRIEF: For the three months ended 31 March 2026, PNE AG revenues increased from EUR27.9M to EUR56.2M. Net loss applicable to common stockholders decreased 55% to EUR4.9M. Revenues reflect Project development segment increase from EUR3.6M to EUR18.6M, Power Generation segment increase of 49% to EUR29.3M, Consolidation segment increase from EUR0K to EUR2.7M. Lower net loss reflects Consolidation segment loss decrease of 94% to EUR1.5M.