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Lotus Infrastructure Partners announced that it has completed the acquisition of PNE USA, an established developer of utility-scale wind, solar, and energy storage projects in North America from PNE AG, a renewable energy company based in Cuxhaven, Germany.
Led by a team of industry veterans, including CEO Karl Dahlstrom, PNE USA has successfully developed and monetized 877MW of wind and solar projects to date, and amassed a development pipeline of over 3GW of capacity.
PNE USA will operate as Allium Renewable Energy ("Allium") effective immediately.