PNE WIND USA Constructs Chilocco Wind Farm Project Business Wire CHICAGO & CUXHAVEN, Germany -- December 20, 2013 PNE WIND USA, a subsidiary of the Cuxhaven, Germany based wind farm developer PNE WIND AG, has begun construction on the Chilocco wind farm project located in U.S. State of Oklahoma. The project, which has been developed to the point of construction over the past few years will now be build in several phases and have a nominal capacity of up to 153 MW when completed. The wind farm is being built in an area located around the 'Chilocco Indian School' on Indian tribe lands. There has been a very good and close cooperation with the tribes of the Kaw, Otoe-Missouri, Ponca und Pawnee and Cherokee during the development of the wind farm. Martin Billhardt, CEO of PNE WIND AG comments: 'For us it is a great step forward that our Chicago based team headed by Frank Kraatz has succeeded in developing this large wind farm project to the start of construction. We are delighted to have Mr. Kraatz, an experienced member of the WKN AG staff by us in our team. His work has made a decisive contribution to the realization of this project. This construction start illustrates that our strategy of international diversification is now paying.' 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 PNE company group has already developed wind farms with a total nominal output amounting to almost 2,000 megawatts. 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 14 countries in Europe, Africa and North America. In these countries wind farm projects with a nominal output of about 4,800 MW are currently being developed and are to be completed in the medium term. In addition, PNE WIND AG is developing offshore wind farm projects, of which four major projects in German waters have already been approved. Language: English Company: PNE WIND AG Peter-Henlein-Straße 2-4 27472 Cuxhaven Germany Phone: 04721 / 718 - 06 Fax: 04721 / 718 - 200 E-mail: firstname.lastname@example.org 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 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 or 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 or Investor Relations cometis AG Ulrich Wiehle or Janis Fischer Tel: +49(0) 611 - 205855-64 Fax: +49(0) 611 - 205855-66 E-mail: email@example.com
PNE WIND USA Constructs Chilocco Wind Farm Project
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