on PNE WIND AG (ETR:PNE3)
PNE AG Shows Strong Earnings Growth in 2026
PNE AG reported substantial earnings growth in the first nine months of 2026. Normalised EBITDA reached EUR 45.4 million, marking significant progress from the previous year's EUR 26.6 million. The company sold wind and photovoltaic projects totaling around 361MW and secured permits for projects with 965MW capacity.
Revenue increased to EUR 150.7 million, up from EUR 142.2 million in 2025. Gross profit improved to EUR 134.8 million compared to EUR 111.1 million. The operating result rose to EUR 15 million from a loss of EUR –2.9 million previously.
PNE's project pipeline remains robust, with onshore wind energy projects totaling 14.3 GW and photovoltaic projects at 6.9 GWp. Sales included significant wind farms in Germany and Poland. The company's generation portfolio produced approximately 589 GWh of green electricity, reflecting 12% growth year-on-year.
PNE forecasts normalised consolidated EBITDA between EUR 65 million and EUR 80 million for 2026, suggesting a strong year-end result.
R. P.
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