Announced
Financials
Tags
Renewable Energy Equipment
Pending
Private Equity
Acquisition
Majority
Germany
Renewable Energy Project Development
renewable energy
Public
Friendly
Single Bidder
Synopsis
Morgan Stanley Infrastructure concluded an investor agreement with PNE, which plans and manages onshore and offshore wind farms, for $330m. "We got to know MSIP in the talks like a very professional and far-sighted partner. Our strong commitment to our long-term business model and, in particular, to our 'Scale Up' strategy, as well as to our employees and existing business units, has convinced us. Last but not least, we also welcome the attractive bonus we offer our shareholders. Therefore, subject to careful consideration of the offer document, we support the offer of MSIP," Markus Lesser, PNE CEO.
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