Plambeck Neue Energien AG

euro adhoc: Plambeck Neue Energien AG
Joint Ventures/Cooperation/Collaboration / Co-operation for wind farm projects in United Kingdom and Ireland

-------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- Company Information 03.07.2008 Cuxhaven, 03 July 2008 - The German wind farm developer Plambeck Neue Energien AG (ISIN: DE000A0JBPG2), in Cuxhaven, continues to extend the development of wind-farm projects internationally. A joint-venture agreement with British project developer New Energy Development Ltd. (NED) for the establishment of a joint company to develop and implement wind farm projects in United Kingdom and Ireland is finally agreed today. NED will have an 32,5 per cent stake in the joint venture. The Joint Venture will initially develop and commission wind farm projects with an installed capacity of 300 MW. The projects are at different stages of development and are planned for completion from 2010. NED will be responsible for the development of the wind farm projects until planning approval or completion. Plambeck Neue Energien AG is to be responsible for the selection and procurement of the wind turbines, financing the development phase, project finance and sale to investors as well as the commercial and technical management. end of announcement euro adhoc -------------------------------------------------------------------------------- ots Originaltext: Plambeck Neue Energien AG Im Internet recherchierbar: Further inquiry note: Rainer Heinsohn Plambeck Neue Energien AG / Öffentlichkeitsarbeit Tel.: +49(0)4721-718-453 Branche: Alternative energy ISIN: DE000A0JBPG2 WKN: A0JBPG Index: CDAX, Prime All Share, Technologie All Share Börsen: Börse Frankfurt / regulated dealing/prime standard Börse Berlin / free trade Börse Hamburg / free trade Börse Stuttgart / free trade Börse Düsseldorf / free trade Börse Hannover / free trade Börse München / free trade

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