EANS-News: PNE WIND AG
André De Rosa is the new General Manager of PNE WIND USA
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Company Information Cuxhaven (euro adhoc) - Cuxhaven, 6th January 2012 - A change in the management of PNE WIND USA, Inc. has taken place: André De Rosa is replacing Kelly Lloyd as General Manager. Kelly Lloyd has been General Manager of PNE WIND USA, a subsidiary company of the German wind farm developer, PNE WIND AG, since January 2009. "We thank Kelly Lloyd for the development work he has carried out in the rather complex wind energy market in the USA" said Martin Billhardt, Chairman of the Board of PNE WIND AG. During this time the development of several wind farm projects in the USA has been driven forward. The new General Manager, André De Rosa, has been working for PNE WIND USA since 2010. He will contribute many years of experience in both power marketing as well as project management. In addition, he has sound knowledge of sales and the real estate sector gained in previous positions. He has studied financial management in the USA. PNE WIND USA develops wind farm projects, particularly in the Midwest of the USA and has focused on medium sized wind farms. Kelly Lloyd has carried out significant development work in establishing the internal organisation, the project portfolio and a comprehensive network of contacts to companies and authorities active in the wind energy sector. Currently, PNE WIND USA is developing wind farm projects, in which up to approx. 1,800 MW of nominal output can be constructed. Company profile PNE WIND AG, which is headquartered in Cuxhaven, plans and implements wind farm projects on land (onshore) and at high sea (offshore). Core competencies are in the development, planning, implementation and financing of wind farms, as well as their operation and sales with associated service. So far, the company has installed 97 wind farms with 563 wind power plants and a total capacity of 804 MW. Besides business activities in the established German domestic market, PNE WIND AG is increasingly expanding into dynamic growth markets and is already represented through joint ventures and subsidiaries in Hungary, Bulgaria, Romania, Turkey, United Kingdom, USA and Canada. In these countries, wind farm projects with a capacity of up to 3,725 MW are currently being implemented for the medium term. In Germany (onshore) wind farm projects with a nominal capacity of more than 1,100 MW are currently in progress. Furthermore, PNE Wind AG develops offshore wind farm projects, of which four major projects in German waters have already been approved. Entry into promising foreign markets will also be examined for the offshore area. Further inquiry note: PNE WIND AG Head of communication Rainer Heinsohn Tel: +49(0) 47 21 - 7 18 - 4 53 Fax: +49(0) 47 21 - 7 18 - 3 73 E-mail: info@pnewind.com Investor Relations cometis AG Ulrich Wiehle / Janis Fischer Tel: +49(0)611 - 205855-64 Fax: +49(0)611 - 205855-66 E-mail: fischer@cometis.de end of announcement euro adhoc -------------------------------------------------------------------------------- company: PNE WIND AG Peter-Henlein-Str. 2-4 D-27472 Cuxhaven phone: +49(0)4721 718 06 FAX: +49(0)4721 718 373 WWW: http://www.pnewind.com sector: Alternative energy ISIN: DE000A0JBPG2, DE000A0B9VG7 DE000A0Z1MR2 DE000A1EMCW3 indexes: CDAX, Prime All Share, Technology All Share stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin, Hamburg, Stuttgart, Düsseldorf, Hannover, München language: English
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