Cuxhaven-based
PNE
says
the
fundraising,
planned
for
the
first
half
of
the
year,
is
in
connection
with
exclusive
talks
to
acquire
more
than
50%
of
the
shares
in
“a
company
primarily
active
in
the
development
of
onshore
wind
farms
in
Germany
and
abroad”.
To
buy
100%
of
the
target
company
would
cost
€100m,
says
PNE,
which
is
currently
carrying
out
due
diligence.
Other
uses
for
the
proceeds
of
the
bond
issue
could
include
the
provision
of
interim
finance
for
its
German
wind
pipeline,
which
currently
includes
about
180MW
of
projects
expected
to
go
ahead
soon.
“By
Log in to read complete article.
