PNE WIND AG

EANS-News: PNE WIND AG preferred development partner of Forestry Commission Scotland

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Company Information

Cuxhaven/Edinburgh (euro adhoc) - Cuxhaven/Edinburgh, February 23, 2011 - The wind farm developer PNE WIND AG, one of Europe's leading wind farm companies with more than 5,700MW of onshore and offshore wind farm capacity in development, has been appointed as a preferred development partner to the Forestry Commission Scotland for the potential development of wind power schemes in Central Scotland.

PNE WIND has until October 2011 to investigate suitable wind farm sites on the National Forest Estate in Argyll and Bute, West Dunbartonshire, Stirling, Perth and Kinross and Angus. At the end of this period the Commission and the company will agree the number of schemes to take forward through the planning process and if successful the construction and operational phases.

The Estate managed by the Forestry Commission in Central Scotland comprises of an area of approx. 1000 square kilometres and has an estimated potential of 100 to 200 MW of developable wind farm sites. The annual average wind speed in the area ranges from 6,5 m/s to 8,5 m/s (UK wind speed database NOABL at 45m).

Martin Billhardt PNE WIND AG Chief Executive Officer commented: "PNE WIND AG is delighted to have been appointed as the preferred partner for the potential development of wind power schemes in Central Scotland. This is a landmark opportunity for us and coincides with the establishment of our Scottish based team and the opening of our new Edinburgh office. Our Scottish Team will be working closely with the Forestry Commission and local communities to develop the most appropriate wind farm sites thereby contributing to Scotland´s target of generating 80% of its energy from renewable sources by 2020. Our partnership with the Forestry Commission brings together the custodians of Scotland´s forests and woodlands and PNE WIND´s expertise in renewables to help contribute to the Scottish Government´s policy on energy and the environment and climate change."

Company profile

PNE WIND AG with its headquarters in Cuxhaven develops 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 97 wind farms with 563 wind energy systems and a total nominal output of 804 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 in Hungary, Bulgaria, Romania, Turkey, the UK, USA and Canada. Wind farm projects with a nominal output of about 3,450 MW are currently being processed in these countries and are to be implemented in the medium term. In Germany (onshore) currently wind farm projects with a nominal output of more than 800 MW are 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.

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Contact:

PNE WIND AG
Press and Public Relations
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 / Alexandra Edinger
Tel: +49(0)611 - 205855-16
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



Weitere Meldungen: PNE WIND AG

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