EQT AB and Macquarie Group Ltd. are among potential suitors eyeing Morgan Stanley’s 40 percent stake in German wind park developer PNE AG, reported Bloomberg, citing people familiar with the matter.
Morgan Stanley currently holds a stake of 39.80 percent. PNE is focused on onshore and offshore wind farm development but also offers photovoltaic, electricity storage and power-to-X technologies. The company in November announced a plan to invest some €1.6 billion ($1.7 billion) by 2027 to expand its own portfolio of green energy capacity.