PNE Wind Develops New Growth Strategy

Picture source: DPA

The publicly listed wind-park developer PNE Wind has developed a new strategy for expansion, the company’s chief executive, Markus Lesser, told Handelsblatt.

PNE, based in Lower Saxony, has up until now developed and sold wind parks in 13 countries with a primary focus on Europe and the United States. The company now plans to keep and operate more of its own wind parks, and also invest more in Asia and Latin America.

“Electricity generation will become the second leg of our business, next to project development,” Mr. Lesser said in an exclusive interview.

Want to keep reading?

Subscribe now or log in to read our coverage of Europe’s leading economy.