Media | 18 January 2016 12:35
PNE WIND Group completed or began construction on wind farms
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Press release
PNE WIND Group completed or began construction on wind farms
– A meaningful contribution was made to the “Energiewende” – Successful international project development – Planning security must be provided through governmental frameworks Cuxhaven, January 18, 2016 – The PNE WIND Group continues to make a successful contribution to the “Energiewende” and therefore to the expansion of safe and climate-friendly energy generation. In the last year, wind farms with a total nominal capacity of approx. 90.5 MW were commissioned and additional wind farms with approx. 50.4 MW on nominal capacity are currently under construction. In one repowering project, older wind power turbines that were erected some 20 years ago were replaced by modern turbines. The majority of the commissioned turbines completed in 2015 were transferred internally within the Group to the YieldCo. At the end of 2015, wind turbines with a nominal capacity of approx. 66.6 MW were bundled here. From the wind farms that are currently under construction, 27.3 MW are to be included in the YieldCo and 23.1 MW were recently sold to an investor. Internationally the Group reported successes in 2015. The sale of its UK subsidiary PNE WIND UK Ltd. and its pipeline including projects with planning permissions for wind turbines with 117 MW of nominal capacity marked a significant operational success last year. Internationally, the PNE WIND Group concentrates on growth markets with long-term perspectives. A strategic advantage in the expansion of its international activities is the Group’s long term market experience and its existing operations in different countries. The outlook for 2016 is positive and the Group companies – PNE WIND AG and WKN AG – already have permits for additional wind farms in Germany and abroad, which will soon be constructed or held for sale. Markus Lesser, Chief Operating Officer of PNE WIND AG: “Operationally, 2015 was a successful year for the PNE WIND Group. In particular, the “Chransdorf” wind farm, which is the largest onshore wind farm completed in the company’s history to date, was erected and commissioned within an exceptionally short period of time. We were also able to prove our strength in the repowering field. However, planning security must remain ensured from a regulatory perspective so that we can continue to make our contribution to the expansion of wind energy in the future. The successful outcome of the world climate conference in Paris is encouraging and points the right way forward.” About the PNE WIND Group The PNE Wind Group, with its brands PNE WIND and WKN, is one of the leading German wind farm developers. With its roughly 380 employees, the PNE WIND Group has been offering services covering the entire added value chain ranging from the development, planning, realisation, financing, operation, marketing and repowering of wind farms in Germany and abroad from a single source for more than 25 years. Once the completed plants have been handed over to operators, the PNE WIND Group also offers technical and commercial management services, including regular maintenance, for the wind farms. The offshore wind farms at sea are developed up to the point where they are ready to be constructed. In addition, through its YieldCo strategy, the Group offers investors the possibility of investing directly in commissioned and profitable wind farms. Alongside its business activities in the established domestic market in Germany, the PNE WIND Group is present at the international level in order to benefit from the huge growth potential of the global wind energy market and it is expanding into dynamic growth markets. Contacts PNE WIND AG
Rainer Heinsohn
PNE WIND AG Scott McCollister
Investor Relations
End of Media Release Issuer: PNE WIND AG Key word(s): Energy
2016-01-18 Dissemination of a Press Release, transmitted by DGAP – a service of EQS Group AG.
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| 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, , DE000A1R0741, , DE000A12UMG0 | |
| WKN: | A0JBPG, A0B9VG, , A1R074, , A12UMG | |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart | |
| End of News | DGAP Media |