EANS-Adhoc: PNE WIND AG continues to hold 100 percent of the shares in the offshore wind farm project, "Gode Wind II"
-------------------------------------------------------------------------------- ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Company Information 23.03.2012 Cuxhaven, 23rd March 2012 - The wind farm project developer, PNE WIND AG (ISIN: DE000A0JBPG2), continues to hold all of the shares in the "Gode Wind II" offshore wind farm project. The sale of the project company agreed on 29th December 2011 did not become effective because HYSSING Vermögensverwaltungsgesellschaft mbH, held by the Danish company, Brancor Capital Partners APS, did not make the payments on 23rd March 2012 as agreed. PNE WIND AG will now conduct sales discussions with other parties interested in purchasing this wind farm. It is planned to locate the wind farm in the North Sea, about 38 kilometres seaward of the island of Norderney and approval has already been granted by the Bundesamt für Seeschifffahrt und Hydrographie (BSH) (German Federal Maritime and Hydrographic Agency). 84 offshore wind energy systems with a total nominal output of 252 MW are to be constructed in "Gode Wind II". This ad hoc information supplements PNE WIND AGs ad hoc information dated 29.12.2011 and 29.02.2012. Further inquiry note: PNE WIND AG Leiter Unternehmenskommunikation 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 Scott McCollister Tel: +49(0) 47 21 - 7 18 - 4 54 Fax: +49(0) 47 21 - 7 18 - 3 73 E-mail: scott.mccollister@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 -------------------------------------------------------------------------------- issuer: 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: free trade: Hannover, Berlin, München, Hamburg, Düsseldorf, Stuttgart, regulated dealing/prime standard: Frankfurt language: English
Original content of: PNE WIND AG, transmitted by news aktuell