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EANS-News: PNE WIND AG completes Oldendorf wind farm and hands it over to EnBW as purchaser

Cuxhaven (euro adhoc) -

•	15 wind energy systems with a together 12 MW were constructed
•	Electricity for about 7,000 households
  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
Company Information
Subtitle: •	15 wind energy systems with a together 12 MW were 
constructed •	Electricity for about 7,000 households
November 22, 2010 - The wind farm developer,
PNE WIND AG (ISIN: DE000A0JBPG2), has completed the Oldendorf wind 
farm in Lower Saxony. 15 Enercon E53 wind energy systems with a total
nominal output of 12 MW and an overall height of 100 metres were 
constructed in this wind farm.
A relatively long planning phase preceded the construction of this 
wind farm due to local circumstances. Because of PNE WIND AG´s 
expertise, it has now been possible to complete the project 
successfully with the complete construction of all 15 wind energy 
systems. After commissioning, the wind farm will be handed over to 
EnBW Erneuerbare Energien GmbH as the purchaser. As contractually 
agreed, PNE WIND AG will be responsible for its technical and 
commercial operation.
The wind energy systems constructed in Oldendorf wind farm can supply
the annual electricity requirements of about 7,000 private 
households. At the same time, the wind farm makes a significant 
contribution to environmental protection because, due to the 
environmentally friendly production of electricity from wind, more 
than 14,000 tons of carbon dioxide and other pollutants will be 
avoided annually.
Martin Billhardt, Chairman of the PNE WIND AG Board of Directors 
says: "Patience was required in the construction of this wind farm. 
But our employees´ many years of experience in project development 
pays off in such situations. Thanks to their tireless commitment, we 
have succeeded in bringing this project to a successful conclusion."
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.
end of announcement                               euro adhoc

Further inquiry note:

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

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