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PNE AG Reports Successful 2024 Operational Year

Stock price chart of PNE WIND AG (EBR:PNE3) showing fluctuations.

PNE AG, a project developer in renewable energy, reflects on a prosperous 2024. The year was capped by the sale of the Lütau wind farm, contributing to a total of six wind and photovoltaic projects sold, amassing 751.3 MW capacity in Germany and internationally. Highlights include the Buffalo Gap wind project in Canada and South Africa's Khauta PV project, marking significant sales volumes.

The company’s in-house wind farm operations expanded to 412 MW with the commissioning of Heitzelberg, Schenklengsfeld, and Heidmoor wind farms. Additionally, 13 projects totaling 288.6 MW are underway in Germany and France. Wind turbine technical inspections also increased, reaching 1,000 units.

PNE AG remains optimistic and aims to carry the momentum into 2025. Business outcomes for 2024 will be officially released on March 27, 2025.

R. E.

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