DGAP-News: PNE WIND AG / Key word(s): Miscellaneous
PNE WIND group: WKN wind farm sold to CEE
19.12.2014 / 10:27
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PNE WIND group: WKN wind farm sold to CEE
German wind farm Looft II to be commissioned in 2015
Husum, December 19, 2014 - At the end of 2014 the Husum-based project
developer WKN AG, a company of PNE WIND group, has sold the wind energy
project Looft II (Schleswig-Holstein) to CEE, an investment company located
in Hamburg. Handover of the project will take place on completion.
The Schleswig-Holstein project Looft II in the district of Steinburg
consists of four wind turbines. Two Vestas V112 each with an installed
capacity of 3.075 megawatts and 94 metres hub height as well as another two
Vestas V90 each with an installed capacity of 2.0 megawatts and a hub
height of 105 metres will be erected. The commissioning of the wind farm is
planned as of the second quarter of 2015; corresponding preparatory
construction measures have already been taken. The wind farm will feed
directly into the 110-kilovolt grid via a transformer station. The expected
annual power production of the 10.15 megawatts farm amounts to
approximately 26 million kilowatt hours. Thus, when put into operation the
wind farm developed by WKN will provide environmentally friendly energy to
about 7,500 households in Schleswig-Holstein.
"Wind farm Looft II is the first transaction with CEE", Dr Jürgen
Dambrowski, CFO of WKN AG reports. "Our majority shareholder PNE WIND has
already cooperated with CEE successfully, thus we are also looking forward
to our future cooperation. "
WKN AG
WKN AG has planned, installed and operated turnkey wind farms and solar
power systems in Germany since 1990. In addition, WKN AG is internationally
represented by subsidiaries and joint-ventures in numerous European
countries, South Africa and the US. Up to now, the company has initiated
and realized projects with a total of about 1,200 megawatts capacity.
The headquarters of the WKN-Group are located at the "House of Future
Energies", an established center of excellence for renewable energy sources
in Husum/Germany. About 83 percent of WKN shares are owned by PNE WIND AG
located in Cuxhaven/Germany while approx. 17 percent are held by private
and institutional shareholders.
CEE
CEE is an investment company specializing in renewable energies with
currently one billion euros assets under management. The company,
headquartered in Hamburg, is primarily investing in energy generation
projects within the wind, photovoltaic, biogas, biomass, and near-surface
geothermal energy sectors as well as in associated technologies.
CEE is being managed by Lampe Equity Management GmbH, a subsidiary of
Bankhaus Lampe, and can draw back on more than ten years of experience in
the financing of renewable energy projects.
Further information available at www.cee-holding.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
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19.12.2014 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Language: English
Company: PNE WIND AG
Peter-Henlein-StraÃe 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 News-Service
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307455 19.12.2014
DGAP-News: PNE WIND group: WKN wind farm sold to CEE
| Source: EQS Group AG