Plambeck Neue Energien AG

EANS-News: Plambeck Neue Energien AG
Federal Anti-Cartel Agency approves sale of wind-farms by Plambeck Neue Energien AG to EnBW

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Cuxhaven (euro adhoc) - Karlsruhe/Cuxhaven - March 25, 2009 - The Federal Anti-Cartel Agency has approved the sale of three onshore wind farms by Plambeck Neue Energien AG to EnBW Energie Baden-Württemberg AG. In this way, the prerequisites for the sale of the wind-farms located in Lower Saxony and Brandenburg, already announced in February 2009, have been fulfilled. The three locations entail 26 wind-power systems and an installed overall output of 52 megawatts. The purchase contract amounts to an investment volume in the upper double-figured range of millions of Euros.

The vendor of the wind farms is Plambeck Neue Energien AG (Cuxhaven), which possesses years of experience in the development of wind farms in the onshore and offshore area as a project development company. In addition to the sale, both companies will continue to work together in the future. For example, EnBW Energie Baden-Württemberg AG is transferring the technical and commercial operational management of the systems in the coming years to Plambeck Neue Energien AG.

Martin Billhardt, Chairman of the Board, showed his pleasure: "This has cleared the path for an increased commitment of the energy supply companies in the area of wind power. The successful sale to EnBW underlines our competence in wind-farm projecting."

Corporate profile:

Plambeck Neue Energien AG with its headquarters in Cuxhaven plans and implements wind-farm projects on land (onshore) and at sea (offshore). The key competence of the company is the development, projecting, implementation and financing of wind-farms and their operation and sale with subsequent service. Up to now, the enterprise has set up 88 wind-farms with 503 wind-energy systems and a total nominal output of 699 MW.

Alongside the business activity on the established German market, the company is increasingly expanding into dynamic growth markets. Via joint ventures, Plambeck Neue Energien AG is already represented in Hungary, Bulgaria, Turkey, Great Britain, Ireland and Romania. In these countries, wind farm projects with a nominal output of up to 1,430 MW are under development and are to be realized in the medium term. Furthermore a subsidiary is founded in the USA. In Germany (onshore) wind-farm projects with a nominal output of more than 400 MW are under development, of which 82 MW are under construction.

Over and above this, Plambeck Neue Energien AG develops offshore wind-farm projects, of which two major projects in German waters have already been approved. Entry to promising foreign markets is also being examined for the offshore area.

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ots Originaltext: Plambeck Neue Energien AG
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Further inquiry note:
Plambeck Neue Energien AG
Rainer Heinsohn
Tel: +49(0) 47 21 - 7 18 - 4 53
Fax: +49(0) 47 21 - 7 18 - 373

Investor Relations
cometis AG
Ulrich Wiehle / Dirk Stauer
Tel: +49(0)611 - 205855-11
Fax: +49(0)611 - 205855-66

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

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