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 --------------------------------------------------------------------- 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 --------------------------------------------------------------------- 22.12.2014 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. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 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 --------------------------------------------------------------------- 308265 22.12.2014
DGAP-News: PNE WIND AG sets the groundwork for the Waldfeucht repowering wind farm
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