Encavis AG Acquires Wind Farm in Sundern-Allendorf

On August 7, 2025, Encavis AG, a German company specializing in renewable energy, announced the acquisition of a wind farm under construction in Sundern-Allendorf, Germany. The wind farm, with a total output of 34 MW, is currently being developed by PNE AG, which has sold the project to Encavis.

The acquisition marks a significant expansion for Encavis AG, which is based in Hamburg and operates across Europe in the renewable energy sector. The company focuses on the production of electricity from renewable sources, including solar and wind energy, and provides comprehensive services such as technical operation, maintenance, and performance analysis for solar parks.

The Sundern-Allendorf wind farm is expected to generate clean electricity sufficient for approximately 22,800 households. This acquisition aligns with Encavis AG’s strategy to expand its portfolio of renewable energy projects and enhance its capacity to produce sustainable energy.

Financially, Encavis AG is listed on the Frankfurt Stock Exchange and has a market capitalization of €2.84 billion. As of February 2, 2025, the company’s close price was €17.4, with a 52-week high of €17.5 and a low of €16.85. The price-to-earnings ratio stands at -15.98, reflecting the company’s current financial metrics.

This strategic move by Encavis AG underscores its commitment to increasing its renewable energy capacity and contributing to the transition towards sustainable energy solutions in Europe.