{"id":338518,"date":"2020-02-21T12:25:00","date_gmt":"2020-02-21T06:55:00","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=338518"},"modified":"2020-02-21T12:25:00","modified_gmt":"2020-02-21T06:55:00","slug":"germanys-pne-wins-new-wind-projects-shares-hit-17-year-high","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/germanys-pne-wins-new-wind-projects-shares-hit-17-year-high\/","title":{"rendered":"Germany&#8217;s PNE wins new wind projects, shares hit 17-year high"},"content":{"rendered":"<p>FRANKFURT: Shares in German wind project developer PNE AG reached a fresh 17-year high on Wednesday after the company was awarded 13.9 megawatts (MW) of new projects by the country&#8217;s network regulator.<\/p>\n<p>PNE shares rose by as much as 2.2 per cent to 5.2 euros apiece on the news, their highest level since April 4, 2003, giving the company a market valuation of 398 million euros ($429 million).<\/p>\n<p>In the latest auction by Germany&#8217;s network watchdog, PNE &#8212; which was the subject of a 4.00-euros-per-share takeover bid from Morgan Stanley last year &#8212; captured about 2.7 per cent of the total project volume that was approved.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FRANKFURT: Shares in German wind project developer PNE AG reached a fresh 17-year high on Wednesday after the company was awarded 13.9 megawatts (MW) of new projects by the country&#8217;s network regulator. PNE shares rose by as much as 2.2 per cent to 5.2 euros apiece on the news, their highest level since April 4, 2003, giving the company a market valuation of 398 million euros ($429 million). In the latest auction by Germany&#8217;s network watchdog, PNE &#8212; which was the subject of a 4.00-euros-per-share takeover bid from Morgan Stanley last year &#8212; captured about 2.7 per cent of the [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-338518","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/338518","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=338518"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/338518\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=338518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=338518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=338518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}