DGAP-News: PNE WIND AG / Key word(s): Miscellaneous
PNE WIND group: KGAL acquires another WKN wind farm
22.12.2014 / 14:08
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PNE WIND group: KGAL acquires another WKN wind farm
Project Siebenbäumen to be commissioned in 2015
Husum, December 22, 2014 - At the close of 2014 the Husum project developer
WKN AG, a company of PNE WIND group, sold another project called
Siebenbäumen to the KGAL Group with its headquarters in Grünwald near
Munich. Siebenbäumen will extend wind farm Kastorf that had been sold to
KGAL before and which has already been put into operation.
The Siebenbäumen extension located in Schleswig-Holstein consists of two
wind turbines of the Vestas type V112 each with an installed capacity of
3.075 megawatts. The turbines are to be erected at a hub height of 119
metres. After commissioning in both municipalities the seven wind turbines
will run with a total installed capacity of more than 21.5 megawatts.
Commissioning of the two Siebenbäumen turbines is planned for August 2015
while the start of construction works is going to begin in March 2015
depending on the weather conditions. The wind farm will feed directly into
the 110-kV grid via a transformer station.
The further wind turbines are being acquired by the Kastorf KG owned by
KGAL. Associated with the already running Kastorf wind farm the company
will also insert Siebenbäumen to the institutional fund ESPF 3.
KGAL has already acquired several wind farm projects in Germany and abroad
from WKN AG. Roland Stanze, WKN Chief Operating Officer (COO) comments "It
is a real good feeling again to furtheron extend our 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.
KGAL
The KGAL GmbH & Co. KG located in Grünwald near Munich has been initiating
and accompanying long-term real investments with lasting and stable
revenues for more than 46 years. Its range of services comprises the
conception and management of selected funds for institutional investors as
well as investment solutions for family offices. The quality of the KGAL
products within the central asset fields of real estate, airplanes as well
as infrastructure is based on the internal expertise.
As at 31.12.2013, the KGAL Group managed an investment volume of EUR 24.6
billion. KGAL currently manages capital for 110,000 investors (incl.
multiple subscriptions) with equity investments in a total of 133 active
limited partnership funds. Investors have entrusted EUR 6.9 billion in
equity capital to KGAL for these funds. The KGAL Group has 316 employees
(as of 31.12.2013).
For more information, please contact:
Catrin Petersen, Head of Communications & Marketing
Telephone: +49 48 41 - 89 44 100
WKN AG
House of Future Energies
Otto-Hahn-Strasse 12 - 16, 25813 Husum, Germany
Tel. +49 4841 - 89 44 100
Fax +49 4841 - 89 44 225
www.wkn-ag.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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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.
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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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DGAP-News: PNE WIND group: KGAL acquires another WKN wind farm
| Source: EQS Group AG