PNE AG — Capital/Financing Update 2001

Feb 21, 2001

News Details

Ad-hoc | 21 February 2001 07:36

Ad hoc-Service: Plambeck Neue Energien english

Ad-hoc announcement precessed and sent by DGAP. The sender is solely responsible for the contents of this announcement. ——————————————————————————– Plambeck Neue Energien AG: Capital amounting to finance dynamic growth Cuxhaven, 21st Feb. 2001 – Plambeck Neue Energien AG is continuing its dynamic development: The construction and financing of more than 150 wind turbine generators with a total capacity of more than 230 MW are scheduled to start in 2001. The first international wind energy projects are nearing realisation and the first plant for generation of power and heat from biomass is scheduled to start in 2001. The use of solar energy shall be progressed. Plans for an offshore wind farm at sea will be put in a concrete form. Constant growth in all fields of renewable energies will always be the objective of Plambeck Neue Energien AG. In order to put this dynamic growth on a sound basis the Board of Directors and the Supervisory Board decided to increase the capital. The further development of the main business activity – the wind energy – and of biomass and solar energy is the objective of Plambeck Neue Energien AG. After the success during the last two years further co-operations and participation in the field of renewable energy will be possible. Therefore, an authorised capital amounting to 50 % of the share capital is to be formed and a cash increase in the subscribed capital amounting to 20 % is planned at an extraordinary general meeting which shall take place on 30th March 2001. Plambeck Neue Energien AG Public Relations For further information please contact: Rainer Heinsohn, Public Relations, Ph.: +49 4721/718-453 Email: heinsohn@plambeck.de end of Ad hoc-announcement, (c) DGAP 21.02.2001 ———————————————————————– WKN: 691030; Index: Listed: Neuer Markt Frankfurt; Freiverkehr in Düsseldorf, München, Stuttgart, Hannover, Berlin, Hamburg 210736 Feb 01