DGAP-News: PNE WIND AG sets the groundwork for the Waldfeucht repowering wind farm


DGAP-News: PNE WIND AG / Key word(s): Miscellaneous
PNE WIND AG sets the groundwork for the Waldfeucht repowering wind
farm

22.12.2014 / 13:25

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PNE WIND AG sets the groundwork for the Waldfeucht repowering wind farm

Cuxhaven, December 22, 2014 - In the next year, PNE WIND AG will realise a
repowering project in the "Waldfeucht/Selfkant" wind farm near Heinsberg
(North Rhine-Westphalia). Four wind power turbines with a total nominal
output of 12 MW will be erected there.

For one of these wind power turbines, a purchase contract has been
concluded recently with a project company of the Frauenrath group of
companies. Frauenrath is a versatile full-service provider with tradition
in the construction industry. Frauenrath has been a family-run business for
140 years and offers a large range of construction and other services as a
medium-sized group of companies. For more than 15 years it has been
involved in the development and operation of wind power turbines.

The three other turbines of the new wind farm will be transferred to the
Yieldco, which was established by PNE WIND AG for the purpose of bundling
fully erected and commissioned wind farms.

The new Vestas V112 turbines will be erected in 2015. In the repowering
project, the modern systems will replace a wind farm, which was
commissioned by PNE WIMND AG in 1999.

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, realisation
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 farms with a total nominal output of over 2,100
MW.

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 5,000 MW are currently being
developed and are to be completed in the medium term.

PNE WIND AG is developing offshore wind farm projects, of which four major
projects in German waters have already been approved. The offshore
department area is developing own projects or projects for customers with a
nominal capacity of up to 4,700 MW.




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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22.12.2014 Dissemination of a Corporate News, transmitted by DGAP - a
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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, , 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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