EANS-News: PNE WIND AG will provide information concerning the current status of company development at the Husum WindEnergy 2012
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Company Information Cuxhaven (euro adhoc) - 13. September 2012 - At the world's biggest wind energy trade fair, "Husum WindEnergy 2012", the wind farm developer, PNE WIND AG, will present the current status of company's onshore and offshore development only a few weeks after the biggest transaction in the company's history was successfully concluded - the sale of the "Gode Wind" I to III wind farm. PNE WIND AG will be present in Hall 3, stand 3D06 on Husum's trade fair ground from September 18 until 22. The Cuxhaven company's specialists work on the development of wind farm projects to be realised in the short and medium term in Germany, South East Europe, Great Britain, Canada and the USA. In addition to its own offshore wind farms in the North Sea, many projects in Germany as well as for international markets are in preparation. Markus Lesser, PNE WIND AGs Director of Operational Business: "Our project pipeline is well filled. In Germany alone we are working on wind farms in which up to 1,100 MW of nominal output can be produced. Approximately 2,000 MW more are being developed abroad. This forms the basis for company development in the coming years." In addition, PNE AG also offers operators of wind farms the same technical and commercial operational management which it uses its own wind farms in daily business. This will also be presented in Husum. Martin Billhardt, Chairman of the Board of Directors of PNE WIND AG, commenting on the current situation: "With an equity ratio of about 50 percent and high liquidity we are well placed to take advantage of the positive developments in the coming years. We wish to make our growing contribution to the energy revolution both nationally and internationally by rapidly expanding wind energy." Company profile 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, and financing of wind farms and in their operation and sales respectively with the provision of subsequent service. To date, the company has constructed 98 wind farms with 568 wind energy plants and a total nominal output of 814 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 Hungary, Bulgaria, Turkey, Great Britain, Rumania, USA and Canada. In these countries wind farm projects with a nominal output of up to 2,100 MW are being developed and are to be completed in the medium term. In Germany (onshore), wind farm projects around 1,100 MW of nominal output are currently being developed. In addition, PNE WIND AG is developing offshore wind farm projects, of which four major projects in German waters have already been approved. An entry into promising foreign markets is also being examined with regard to the offshore sector. 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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