Plambeck Neue Energien AG, has just surpassed a stock target of EUR 0.95 set by a recent BUY upgrade by First Berlin by today closing at 0.96, 10.34 % up on the day. Plambeck is principally a wind company, developing and managing wind farms. Although the company also has much smaller interests in biomass and solar thermal energy.

The recently published half-yearly report showed a major increase in turnover from EUR 12.5 m to this year's 19.7 m.

Most of the prime wind sites in Germany have been taken and Plambeck is sitting quite pretty with just under 500 MW in onshore capacity. But Plambeck's future expansion will have to be offshore at sea and through its French partner, Ventura in France. And both of these have yet to become a major part of the business.