PNE offloads 220MW Romanian onshore trio

Rights to three wind farms sold to an unnamed global renewable energy company [Image: PNE]

PNE has sold the rights to three wind farms totalling up to 220MW in Romania to a large unnamed global renewable energy company for an undisclosed price.

The German company and the investor will cooperate in the further development up to the financing decision for construction, PNE said.

It added that the investor will be responsible for the financing, construction and subsequent operation of the wind farms.
PNE said it considers the positive development of the market for renewable energies in Romania to be encouraging.

PNE chief executive Markus Lesser said: “I am pleased that we have found a very experienced and strong investor for our Romanian wind farm projects.

“Together we will now work on the further project development up to realisation.

PNE will also focus on the development of photovoltaic projects in Romania.”

PNE was advised on the transaction by Kreen.

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