Norwegian Utility Takes Over: PNE AG Sells Swedish Companies With Project Pipeline

Cuxhaven, Germany - PNE AG sold its two Swedish subsidiaries PNE Sverige AB and VKS Vindkraft Sverige AB in mid-January 2025. The buyer is the Norwegian energy supplier Aneo.

The business comprises both the companies based in Gothenburg and Motala as well as the project pipeline. It consists of wind energy and photovoltaic projects with a total capacity of 300 MW in various phases of project development and a further 700 MW in early stages of development.

The parties have agreed not to disclose the purchase price.

„Aneo will also take over the employees of the two companies and continue the projects that we have built up. We will invest the proceeds from the sale in the further growth of our core markets", explains Heiko Wuttke, CEO of PNE AG.

Source: IWR Online, 22 Jan 2025