During the same period last year the Cuxhaven-based wind developer posted an operating loss of €2.9m and a net loss of €3.6m.
PNE, whose core activity has long been building onshore wind farms in Germany, is pushing to diversify its revenue stream.
In addition to aggressively pursuing repowering contracts, PNE is also moving rapidly into the Eastern European and North American markets, as well as developing several offshore wind farms in German waters.
PNE
