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PNE Wind banks 200MW

€25m equity financing sealed for portfolio of projects in Germany and France

PNE Wind banks 200MW image

PNE Wind has secured €25m to help develop up to 200MW of wind farms in Germany and France.

The equity financing line has been agreed with IKB Deutsche Industriebank, the developer said.

PNE Wind said 43MW of the 200MW portoflio is already under construction.

PNE Wind chief financial officer Jorg Klowat said: “With the new financing line, we were able to secure part of the equity required for the new 200 MW portfolio at an early stage and thus successfully complete one of the planned future financing arrangements in the group.”

Image: PNE Wind

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