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PNE WIND AG

EANS-News: PNE WIND AG steps up activities on the Canadian wind energy market

Cuxhaven (euro adhoc) -

•	PNE WIND AG founds joint venture with Canadian firm BCP Renewable 
Energy Ltd.
 •	Further expansion of business in Canada planned
  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
Joint Ventures/Cooperation/Collaboration/Canada
Subtitle: •	PNE WIND AG founds joint venture with Canadian firm BCP 
Renewable Energy Ltd. •	Further expansion of business in Canada 
planned
Cuxhaven, 1st February 2010 - Wind farm
developer PNE WIND AG has stepped up its activities on the Canadian 
wind energy market. Its subsidiary PNE Ausland GmbH has set up a 
joint venture together with the Canadian firm BCP Renewable Energy 
Ltd. to develop wind farm projects in Canada. The two companies had 
already agreed to collaborate in entering the Canadian wind power 
market back in 2009. The joint venture is now established, in which 
PNE Ausland GmbH has a 75 percent stake, which further consolidates 
and strengthens this collaboration.
Operational cooperation on the Canadian market is through PNE WIND 
USA Inc. Over 4200 hectares of land in Canada suitable for wind farms
has already been acquired, enough to allow the development and 
implementation of wind farm projects with a rated output of up to 330
MW. This is the project portfolio with which the joint venture is to 
tender for contracts from the regional power supplier SaskPower for 
electricity from wind farms in the Canadian province of Saskatchewan.
Roland Stanze, General Manager of Business Development at PNE WIND 
AG, is extremely pleased with this latest move to greater involvement
in the Canadian wind energy market: "Wind power has a great future in
Canada. We are now extremely well-equipped to benefit from this in 
the long term." Kelly Lloyd, General Manager of PNE WIND USA, sees 
PNE WIND AG's experience from over 90 successfully planned and 
implemented wind farms as a key competitive advantage: "We are in a 
good position to successfully develop utility grade wind projects for
SaskPower."
Chad Eggerman, Director of BCP Renewable Energy Ltd., stresses how 
promising the prospects are: "We are also looking to develop further 
wind farm projects in other regions of Canada, which is why we are 
planning to acquire more sites in future."
Company profile
PNE WIND AG with its headquarters in Cuxhaven plans and implements 
wind farm projects on land (onshore) and at high sea (offshore). Its 
core competence is the development, planning, implementation and 
financing of wind farms and their operation or sale including 
subsequent service. So far, the company has set up 93 wind farms with
536 wind energy systems and a total nominal output of 772 MW.
Alongside its business activities in the established German home 
market, PNE WIND AG is also increasingly investing in dynamic growth 
markets and has subsidiaries and representations via joint ventures 
and in Hungary, Bulgaria, Turkey, the UK, Ireland, Rumania, USA and 
Canada. Wind farm projects with a nominal output of up to 1,400 MW 
are currently being processed in these countries and are to be 
implemented in the medium term. In Germany (onshore), wind farm 
projects with a nominal output of more than 300 MW are currently 
being processed.
Furthermore, PNE WIND AG develops offshore wind farm projects, three 
of which have already been approved in German waters. Entering 
promising foreign markets is also being examined for the offshore 
area.
end of announcement                               euro adhoc

Further inquiry note:

PNE WIND AG
Presse- und Öffentlichkeitsarbeit
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
cometis AG
Ulrich Wiehle / Dirk Stauer
Tel: +49(0)611 - 205855-11
Fax: +49(0)611 - 205855-66
E-mail: wiehle@cometis.de

Branche: Alternative energy
ISIN: DE000A0JBPG2
WKN: A0JBPG
Index: CDAX, Prime All Share, Technology All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
Hannover / free trade
München / free trade

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