Both analysts who study the ABO Wind share raised their price target for the share significantly and confirmed their buy recommendation in February. Read more >
Despite the continuing backlog of permits, which is hampering the expansion of wind energy in Germany, ABO Wind is reporting successes in its home market. In the first tenders of 2020, the Wiesbaden-based project developer secured tariffs for wind farms in Einöllen (Rhineland-Palatinate, 15.9 megawatts) and at the Spreeau motorway junction (Brandenburg, 25.2 megawatts). Read more >
In Germany, the expansion of wind energy has slowed down significantly. At nearly every location, citizens' action groups are fighting against wind turbines, and project developers are confronted with lengthy approval procedures. Thus, it fits the picture that ABO Wind reports another success from Castilla-La Mancha, the literary home of Don Quixote: At the turn of the year, the spanish investment company Azora acquired the "Cuevas de Velasco" wind farm (100 megawatts) here. Read more >
Institutional investors have subscribed for 400,000 new shares in ABO Wind AG for 17.10 euros. The gross proceeds of the clearly oversubscribed issue amount to more than 6.8 million euros. The number of ABO Wind shares increases to 8,470,893, bringing the current market capitalisation to more than 150 million euros. Read more >
