EANS-News: PNE WIND AG sells the "Kemberg II" wind farm to EnBW Energie Baden-Württemberg
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Company Information Subtitle: Kemberg II wind farm fully constructed and operational Five wind energy systems with a nominal output of 10 MW installed Cuxhaven (euro adhoc) - Karlsruhe / Cuxhaven, April 4, 2012 - PNE WIND AG sold the "Kemberg II" wind farm with five wind energy systems with a nominal output of 10 MW to EnBW Energie Baden-Württemberg. The wind farm project developer, PNE WIND AG has completed the construction of the "Kemberg II" wind farm in Saxony-Anhalt. Five Vestas V90 wind energy systems with a nominal output totalling 10 MW and an overall height of 150 metres have been constructed and are already in operation. After commissioning, the wind farm can therefore be handed over in turnkey condition to the purchaser, EnBW Erneuerbare Energien GmbH. PNE WIND AG will continue to be responsible for the technical and commercial operation of "Kemberg II". The "Kemberg II" wind farm replaces five wind energy systems, which had been decommissioned. This makes it a repowering project - i.e. a replacement of older wind energy systems by more modern and more efficient ones. In addition, this project rationalises the large Kemberg wind field by occupying free space in the existing suitable planning area. The wind energy systems constructed in the "Kemberg II" wind farm can satisfy the annual electricity requirements of about 6,300 average private households. At the same time, the systems make a significant contribution to the protection of the environment because environmentally friendly production of electricity from wind saves over 17,000 tons of carbon dioxide and other harmful substances annually. Stefan Thiele, Spokesperson for the Managing Board of EnBW Erneuerbare Energien GmbH highlighted: "ENBW has continually expanded its onshore wind portfolio over the past few years and with the completion of the Kemberg project our portfolio is now six times bigger today. We will continue to view our partnerships with project developers as a key ingredient to achieve our ambitious growth targets." Martin Billhardt, Chairman of the Board of Directors of PNE WIND AG, comments: "With the completion of the Kemberg II wind farm we have realised one of our many projects in Germany. Once again we have successfully completed another repowering project. We will continue to follow this path and also drive forward our foreign and offshore wind farm projects rapidly." About PNE WIND AG 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 98 wind farms with 568 wind power plants and a total capacity of 814 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. About EnBW With revenue in excess of EUR 18 billion in 2011and some 20,000 employees, EnBW Energie Baden-Württemberg AG is one of the largest energy companies in Germany and Europe. We generate, trade in, transport and sell energy and operate in the fields of electricity and gas as well as energy and environmental services. We want to achieve sustainable and profitable growth with a balanced business portfolio and smart energy solutions - to the benefit of our partners, customers, employees and owners. Our home market is Baden-Württemberg and Germany, but we also operate in other European markets. Even in a changing energy market, our primary objectives remain the same: supply reliability, environmental protection and profitability. This is the basis for the optimum energy mix that we strive for. In addition to the use of conventional energies, the increase in energy efficiency and expansion of renewable energies play an important role here. 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 -------------------------------------------------------------------------------- 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: free trade: Hannover, Berlin, München, Hamburg, Düsseldorf, Stuttgart, regulated dealing/prime standard: Frankfurt language: English
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