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PNE WIND AG

EANS-News: PNE WIND AG enters the repowering sector with the Alt Zeschdorf wind farm

Cuxhaven (euro adhoc) -

•	Modern technology replacing old wind-driven power systems
•	Efficiency improved through repowering bonus
  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
New Products/Company Information/Wind farm repowering
Utl.: •	Modern technology replacing old wind-driven power systems
•	Efficiency improved through repowering bonus
Cuxhaven, October 8, 2009 - With the Alt
Zeschdorf wind farm, the wind farm developer PNE WIND AG (ISIN: 
DE000A0JBPG2) has successfully completed its first repowering 
project. Repowering involves the replacement of old wind-driven power
systems with more modern, higher performing and more effective 
systems. The goal of the repowering is to clearly increase the 
efficiency of wind power for the production of electricity as quickly
as possible. The Windpark began its operations in April 2009 before 
then being transferred to purchaser EnBW Energie Baden-Württemberg 
AG.
In the context of additional relief for the environment through 
increased electricity production, the German federal government and 
federal parliament established special support for repowering 
projects in the German Renewable Energy Law (EEG). In this context, 
electricity from wind power plants which fulfil the corresponding 
legal regulations is awarded with an added bonus payment. This is 
intended to achieve a more rapid exchange of old systems.
The requirements of repowering are considerable: the old and new 
wind-driven power plants must be located in either the same or 
neighbouring districts. The law also states that the systems which 
are to be replaced must be removed from service. The new systems must
also provide at least double the electricity provided by the wind 
power systems that they have replaced.
At the `Windpark Alt Zeschdorf´ repowering project, the developer has
fulfilled all of these conditions. Confirmation is now available 
which includes the certification for the fulfilment of the repowering
requirements.
At the Alt Zeschforf wind farm, three Vestas V90 type wind-driven 
power systems have been constructed, each with an installed capacity 
of 2 MW and a comparatively high hub height of 108 metres. The 
wind-driven power systems can cover the annual power requirements of 
approximately 4,000 private households. The wind farm is therefore 
providing a significant contribution to environmental protection, as 
the environmentally friendly production of such electricity from wind
power avoids the creation of around 8,500 tons of carbon dioxide and 
other pollutants.
Martin Billhardt, Chairman of PNE WIND AG, is especially pleased: 
"For us, the starting shot for the repowering has now been fired. PNE
WIND AG has entered this market early on and with a professional 
approach." Due to the age structure of the wind farms that currently 
exist in Germany, the executive also views the exchanging of old 
systems to represent an additional growth-driver for the wind power 
market. "The number of repowering projects is set to rapidly increase
in the future. Due to our solid market position, we therefore view 
additional growth potential to exist for PNE WIND AG", explains 
Martin Billhardt, summarising the positive outlook.
Company profile
PNE WIND AG with its headquarters in Cuxhaven plans and implements 
wind-farm projects on land (onshore) and also at high sea (offshore).
In this context, its central competence is developing, projecting, 
implementing and financing wind-farms and their operation or sale 
with subsequent service. Up to now, the company has built 92 
wind-farms with 535 wind turbines and an installed capacity of 770 
MW.
Alongside the business activity on the established German home 
market, PNE WIND AG is also increasingly investing in dynamic growth 
markets and has representations via joint ventures in Hungary, 
Bulgaria, Turkey, Great Britain, Ireland, Romania and Canada. 
Wind-farm projects with an installed capacity of up to 1,400 MW are 
currently under development in these countries and are to be built in
the medium term. In addition, a subsidiary has been founded in the 
USA. In Germany (onshore), wind-farm projects with an installed 
capacity of more than 300 MW are currently under development.
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.

Further inquiry note:

PNE WIND AG
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 / 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, Technologie 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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