Media | 17 September 2014 11:44


PNE WIND AG presents onshore and offshore international wind farm development at the WindEnergy 2014 in Hamburg



(DGAP-Media / 17.09.2014 / 11:44)

Press release

PNE WIND AG presents onshore and offshore international wind farm development at the WindEnergy 2014 in Hamburg

Cuxhaven, 17th September 2014 – Shortly after announcing its intention to expand its business model by founding a yieldco, the wind farm project developer, PNE WIND AG, will present its current status of company development at the leading international wind energy trade fair, “WindEnergy 2014” in Hamburg. PNE WIND AG will present itself as well as the Husum based WKN AG, in which PNE WIND AG acquired the majority shareholding during the past year, from 23rd to 26th September in Hall A1 (PNE WIND AG: stand A1.425 / WKN AG: Stand A1.330) on Hamburg’s exhibition grounds.

In a total of 14 countries, the Cuxhaven company group’s specialists are working on the development of wind farm projects which are to be realised in the short and medium term in Germany, central and southeast Europe, Great Britain, Canada, South Africa and the USA. In addition, six own offshore wind farm projects in the North Sea are being developed to the point of readiness for construction. Markus Lesser, Director of PNE WIND AGs operational business, says: “Our project pipeline is well filled. In Germany alone we are working on onshore wind farms in which up to 1,300 MW of nominal output can be constructed. A further 3,900 MW are being worked on abroad. This forms the basis for company development in the coming years.”

During the first half year, the PNE WIND Group commenced construction on wind farms in Germany with approx. 128 MW of nominal output. Of these, six projects with a cumulative nominal output of approx. 57.3 MW have already been completed. Further wind farm projects, representing more than 80 MW of nominal output, have been issued building permits. One project, on which construction is about to begin, is the “Chransdorf” wind farm in Brandenburg. With 57.6 MW, it will be the largest German onshore project in our company’s history. The most recent wind farm sales provide evidence of the quality of the PNE WIND Group’s work. The customers are very experienced infrastructure investors who place a high value on the quality of our projects.

The Group expanded its international activities in parallel: In France, a previously sold 12 MW wind farm was completed at the end of July 2014. In the USA, a wind farm (with up to 153 MW in several project phases) continued to be developed. Additional projects in France (10 MW), Italy (30 MW), Great Britain (38 MW), Hungary (78 MW), Romania (102 MW) and Poland (32 MW) are now permitted.

Together with PNE WIND AG, “energy consult” will be presented at the WindEnergy in Hamburg as well. “energy consult” offers the operation and maintenance service for wind and solar farms, owned by PNE WIND AG or other farm operators.

Company profile

PNE WIND AG

With its headquarters in Cuxhaven, PNE WIND AG plans and realises wind farm projects on land (onshore) and on the high seas (offshore). In doing so, its core competence lies in the development, project planning, and financing of wind farms and in their operation and sales respectively with the provision of subsequent service. To date, the company has already successfully developed wind farm projects with a combined total nominal output of more than 2,000 megawatts.

In addition to its business activities in the established German home market, PNE WIND AG is increasingly expanding into dynamic growth markets and is already represented in joint ventures and by subsidiary companies in 14 countries in Europe, Africa and North America. In these countries wind farm projects with a nominal output of over 5,200 megawatts are currently being developed and are to be completed in the medium term.

In addition, PNE WIND AG is developing offshore wind farm projects, of which four major projects in German waters have already been approved.

Contacts for enquiries


PNE WIND AG
Rainer Heinsohn

Head of Communication
Tel: +49(0) 47 21 – 7 18 – 453
Fax: +49(0) 47 21 – 7 18 – 373
Rainer.Heinsohn@pnewind.com

PNE WIND AG
Scott McCollister

Investor Relations
Tel: +49(0) 47 21 – 7 18 – 454
Fax: +49(0) 47 21 – 7 18 – 373
Scott.McCollister@pnewind.com

cometis AG
Ulrich Wiehle / Janis Blaum

Investor Relations
Tel: +49(0) 611 – 205855-64
Fax: +49(0) 611 – 205855-66
blaum@cometis.de




Contact:
Contact:

PNE WIND AG
Rainer Heinsohn
Head of Corporate Communication
Tel: +49(0) 47 21 – 7 18 – 453
Fax: +49(0) 47 21 – 7 18 – 373
E-mail: Rainer.Heinsohn@pnewind.com


PNE WIND AG
Investor Relations
Scott McCollister
Tel: +49(0) 47 21 – 7 18 – 454
Fax: +49(0) 47 21 – 7 18 – 373
E-mail: Scott.McCollister@pnewind.com


Investor Relations
cometis AG
Ulrich Wiehle / Janis Blaum
Tel: +49(0) 611 – 205855-64
Fax: +49(0) 611 – 205855-66
E-mail: blaum@cometis.de


End of Media Release


Issuer: PNE WIND AG
Key word(s): Energy

17.09.2014 Dissemination of a Press Release, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de


Language: English
Company: PNE WIND AG
Peter-Henlein-Straße 2-4
27472 Cuxhaven
Germany
Phone: 04721 / 718 – 06
Fax: 04721 / 718 – 200
E-mail: info@pnewind.com
Internet: http://www.pnewind.com
ISIN: DE000A0JBPG2, DE000A0B9VG7, , DE000A1EMCW3, , DE000A0Z1MR2, , DE000A1R0741
WKN: A0JBPG, A0B9VG, , A1EMCW, , A0Z1MR, , A1R074
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart
End of News DGAP-Media

287415  17.09.2014