PNE WIND USA Constructs Chilocco Wind Farm Project

  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:     info@pnewind.com
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: fischer@cometis.de
 
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