Energy, Completes

ABO Energy Completes Polish Handover to PPC as First Berlin Slashes Price Target to 8 Euros

Published on 09/21/2026 at 11:31 | Editorial boerse-global.de

ABO Energy finalized the sale of Polish subsidiaries to Greece's PPC, transferring up to 1.2 GW, as First Berlin cut its target to 8 euros.

ABO Energy Closes Polish Sale to PPC, Offloads German Wind Farms
ABO Energy Completes Polish Handover to PPC as First Berlin Slashes Price Target to 8 Euros Illustration mit AI erstellt.

ABO Energy has closed the sale of its Polish subsidiaries to Greece's Public Power Corporation, capping a transaction that transfers a renewable energy project pipeline of up to 1.2 gigawatts. The deal, finalized on a Friday, forms part of a broader push by the project developer to reshuffle its worldwide asset base.

The Polish closing follows a combined Polish-Hungarian portfolio disposal agreed on August 7, which carries a total volume exceeding two gigawatts. That larger package is not yet fully wrapped up: completion remains subject to customary conditions, notably outstanding local regulatory approvals, with the Hungarian portion expected to close in the fourth quarter of 2026. Among the transferred units is a 17-megawatt solar plant currently under construction.

German Wind Farms Also Offloaded

On the same day it sealed the PPC deal, ABO Energy parted with two wind farms in Germany. Neither the specific project data, the sale price, nor the resulting earnings contribution were disclosed. The divestments slot into a series of measures through which the company is currently reorganizing its global project holdings.

Further afield, the developer signed a binding framework agreement with the NOVVA Group in the middle of last week covering the sale of its Argentine project portfolio, which carries a development capacity of 3.17 gigawatts. Media reports placed the signing in Paris, with managing director Karsten Schlageter putting pen to paper for ABO Energy and founder and CEO Steven Liu closing the deal for the buyer. No financial terms or purchase price were made public.

Should investors sell immediately? Or is it worth buying ABO Energy?

For Novva, the South American development projects feed a distinct growth strategy: the company intends to channel the future energy capacity toward powering data centers and artificial intelligence infrastructure. ABO Energy, by contrast, frames the move as an orderly retreat from local project development. Final completion of the Argentine transaction is still pending and is to be governed by a formal purchase agreement in the coming months, once confirmatory due diligence has been successfully concluded.

Analyst Cuts Target by Three Quarters

The wave of disposals has not shielded the stock from a sharp reassessment on the analyst side. Karsten von Blumenthal of First Berlin downgraded ABO Energy to "ADD" and slashed his price target to 8.00 euros from 31.00 euros previously — a reduction of nearly three quarters.

The revaluation reflects changed underlying conditions as the group continues reshaping its international portfolio. Roughly two weeks ago, ABO Energy also concluded an agreement with the city of Oulu for a planned hydrogen project in Finland, which could eventually reach an electrolysis capacity of up to 600 megawatts.

Trading reflected the pressure. The stock closed Friday at 3.24 euros, down 3.6 percent on the day, leaving a market capitalization of 30.66 million euros. With that valuation as the backdrop, the execution of the company's transformation now sits at the center of market attention.

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