PNE AG Sells 25.2 MW Windpark Bokel in Lower Saxony to Union Investment Fund
PNE AG has sold the 25.2 MW Windpark Bokel in Sprakensehl, Lower Saxony, Germany to a Union Investment managed fund. The seven-turbine wind farm has been operational since April 2025 and generates clean electricity for approximately 17,800 households annually. PNE's subsidiary energy consult retains operational management at least until end of 2029.
Transaction date: · Source: pnegroup.com
Key facts
- Transaction date
- Technology
- Onshore Wind
- Capacity
- 25 MW
- Transaction price
- Not disclosed
- Buyer
- Union Investment
- Seller
- PNE AG
- Country
- Germany
- Region
- Lower Saxony
- Location
- Bokel, Sprakensehl municipality, Lower Saxony, Germany
- Continent
- Europe
- Development status
- Operational
- PPA
- n.a.
Technology details
Seven wind turbines with a total installed capacity of 25.2 MW, erected on agricultural land. Operational since April 2025. Expected to generate clean electricity for approximately 17,800 three-person households annually. Technical and commercial operations management retained by PNE Group subsidiary energy consult, at least until end of 2029.
Additional information
PNE AG retains operational management through its subsidiary energy consult under a management agreement running at least until end of 2029. The sale is part of PNE's selective asset monetisation strategy to optimise cash flow and strengthen its balance sheet while continuing to develop its IPP portfolio. PNE aims to expand its own-operation portfolio and strengthen its position as an independent power producer.
Source
Original announcement: https://www.pnegroup.com/newsroom/einzelansicht/pne-verkauft-windpark-bokel-an-einen-von-union-investment-gemanagten-investmentfonds/