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DGAP-News: PNE WIND AG commissions the Calau IIA wind farm and will now complete the next construction phases



DGAP-News: PNE WIND AG commissions the Calau IIA wind farm and will now 
complete the next construction phases

DGAP-News: PNE WIND AG / Key word(s): Miscellaneous
PNE WIND AG commissions the Calau IIA wind farm and will now complete
the next construction phases

14.02.2014 / 11:26

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Cuxhaven, 14th February 2014 - The wind farm project developer, PNE WIND
AG, has completed the construction of the Calau IIA (Brandenburg) wind farm
and commenced full operations. The wind farm comprises of 5 wind energy
systems with a total nominal output of 15.4 MW. PNE WIND AG developed the
project and will also take over its technical operation. With the
completion of the first phase, PNE WIND AG can now expand the wind farm by
ten wind energy systems with a total nominal output of 30 MW. The next two
phases have been permitted and construction has begun.

The construction of this wind farm located in the Spreewald region began in
August 2013. Construction contracts were awarded to local companies
whenever possible. Of considerable complexity was the installation of the
7.5 kilometre long transmission cables connecting the wind farm to its own
transformer substation which was constructed near the feed-in point to the
110kV high voltage power line.

'We are very pleased with the good cooperation with the participating
authorities and the town of Calau. The approval process for the wind farm
and the transformer substation was completed very rapidly', said project
manager Jens Peters who also wishes to express the gratitude of PNE WIND
AGs project implementation and development team.

For the first time, PNE WIND AG selected Vestas V112 3.0 MW wind energy
systems with a hub height of 140 metres in order to make optimum use of the
location within a forested area. These turbines ensure that the more
consistent prevailing wind conditions above the forested area can be
exploited more efficiently. The considerable height of the towers however
proved to be a challenge and it was only possible to safely erect the tower
segments and assemble the turbine housings in very light wind conditions.

In this location, environmentally friendly wind power equivalent to the
annual consumption of about 13,000 four person households can now be
generated.

'With the completion of Calau IIA, we started 2014 on a strong note. The
realisation of the next already permitted wind farm projects with about 60
MW of nominal capacity is scheduled for the coming weeks and months', said
Chief Operating Officer Markus Lesser.

Martin Billhardt, Chairman of the Board of Directors and CEO of PNE WIND AG
adds: 'Building on these German onshore project developments, we expect to
construct additional wind farms in Germany in the future. Politicians must
however set framework conditions in the EEG (German Renewable Energies Law)
in such a manner that projects can continue to be developed and operated in
a profitable manner.'

The Calau IIA wind farm was sold last December to CEE, a
Beteiligungsgesellschaft based in Hamburg.


Company profile

With its headquarters in Cuxhaven, the PNE WIND - Group 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, planning, financing,
operation, sales and service of wind farms. To date, the PNE Wind Group has
already developed wind farms with a total nominal output amounting to
nearly 2,000 MW.

In addition to its business activities in the established German home
market, PNE WIND AG is expanding into dynamic growth markets and is already
represented through joint ventures and subsidiary companies in 14 countries
in Europe, Africa and North America. In these countries wind farm projects
with a nominal output of approximately 4,800 MW are currently being
developed and are planned 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 permitted.


Contact:
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


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


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 Corporate News

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14.02.2014 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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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                                             
 
 
End of News    DGAP News-Service  
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252694 14.02.2014                                                      
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