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Home » Finance » PNE Reports Lower H1 Earnings Amid Weak Wind Conditions, Maintains Full-Year Outlook
Finance

PNE Reports Lower H1 Earnings Amid Weak Wind Conditions, Maintains Full-Year Outlook

By Caesar HarrettAugust 14, 20252 Mins Read
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Credit:PNE
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German renewable energy developer PNE reported a sharp drop in first-half earnings, citing low wind availability in the first quarter, which weighed on power generation from its own wind farms. Earnings before interest, taxes, depreciation and amortisation (EBITDA) fell 46% year-on-year to €4.7 million, down from €8.7 million in the same period of 2024. The

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