PNE Wind planning to invest GBP 500 million in renewable energy projects in UK

May 18th, 2010 | Posted in Wind


PNE Wind, the German renewable energy company, seems to be planning a major investment activity in the UK in the vicinity of GBP 500 million. The company has recently opened a London based venture, and there are plans to open offices in Scotland as well by the end of the year. PNE Wind is aiming to become a major player in the UK wind energy market.

PNE Wind UK will be developing a portfolio of wind projects in England, Scotland and Wales totalling in more than 300 MW of capacity.

The company has thus far been involved in onshore and offshore wind energy project development in several countries such as Bulgaria, Hungary, Turkey, Germany, but also in North America in Canada and the US.

PNE Wind UK will concentrate on onshore wind power generation sites across the UK.

[source: Scotsman]