PNE AG - Environmental & Social Information 2018

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Media | 29 January 2018 11:41

PNE WIND AG: Progress with the Construction of the new 200MW Portfolio

DGAP-Media / 29.01.2018 / 11:41

Corporate News

PNE WIND AG: Progress with the Construction of the new 200MW Portfolio

Cuxhaven, 29. January 2018 – PNE WIND AG has successfully completed the first major phase for the construction of a new European wind farm portfolio: At the end of 2017, it was possible to completely commission the “Kührstedt/Alfstedt” wind farm (output of 43.2MW) and since then, the wind farm has been feeding electricity to the grids. This wind farm is a part of the European wind farm portfolio which is intended to combine both German and French wind farms by 2020 with a total output of around 200MW.

Since the “Kührstedt/Alfstedt” wind farm commissioning, PNE WIND AG has also been benefiting from the sale of climate-friendly electricity produced by the wind farms. In this regard, the Company also benefits from its long-term experience as a wind farm operator. Currently, PNE WIND AG operates wind farms with a total nominal output of about 69MW and these wind firms are completely owned by the Company. Some of these wind farms will be selected for re-powering to be modernised and increase efficiency.

Markus Lesser, CEO of PNE WIND AG: “Considering the economic success during the last year, PNE WIND AG will certainly start the 2018 financial year with a tailwind. The increase in the nominal output of wind farms which we operate ourselves guarantees that we have constant income from operations; at the same time, we, as the operators, are able to continuously monitor the quality level of projects which we develop internally.”

About the PNE WIND Group

PNE WIND Group, a company operating on an international level with two brands, PNE WIND and WKN, is one of the most experienced project developers in the field of onshore and offshore wind farms. Based on this success, the Company has developed to become a “clean energy solutions provider.” From initial site exploration and the approval procedure performance to financing and turn-key construction to operation and re-powering, the Company’s services encompass all the phases for developing and operating wind farms: based on this strong position, we continue to develop. In addition to wind energy, in the future the Company’s offer will include photovoltaic, electricity storage and power-to-gas technologies with a focus on hydrogen.

Contacts for enquiries


PNE WIND AG Rainer Heinsohn Head of Corporate Communications Tel: +49(0) 4721 718 453 Fax: +49(0) 4721 718 373 Rainer.Heinsohn(at)pnewind.com	PNE WIND AG Christopher Rodler Head of Investor Relations Phone: +49(0) 4721 718 454 Fax: +49(0) 4721 718 373 Christopher.Rodler(at)pnewind.com

End of Media Release

Issuer: PNE WIND AG

Key word(s): Energy

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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:	[email protected]
Internet:	http://www.pnewind.com
ISIN:	DE000A0JBPG2, DE000A1R0741, , DE000A12UMG0,
WKN:	A0JBPG, A1R074, , A12UMG,
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange