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Plambeck Neue Energien AG

Plambeck Neue Energien AG secures project financing for wind farms with 46 MW

Cuxhaven (euro adhoc) -

  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
finances/project financing
Cuxhaven, 13. 01. 2009 - Despite the
financial crisis and the reticence of banks to grant loans resulting 
from this, Plambeck Neue Energien AG was able to secure the financing
of wind farm projects with a nominal output of 46 MW at the end of 
2008. The funds have already been paid out by the Commerzbank.
The financing with a volume of around 60 mill. Euro secures the share
of outside financing of the wind farm projects in Buchholz (36 MW) 
and Schwienau II (10 MW). Both wind farms are already in the 
construction phase and will be completed in the first half of 2009.
"The successful financing shows that wind farm projects with their 
long-term securing of yields are amongst the particularly secure 
investments and that this is still being recognised, not only by the 
investors, but also by the banks", explains Roland Stanze, the 
general agent of Plambeck, who is responsible, amongst other things, 
for project financing.
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 84 wind-farms with 479 wind-energy systems and a total 
nominal output of 651 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 Rumania. 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 120 MW are already 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.
end of announcement                               euro adhoc

Further inquiry note:

Rainer Heinsohn
Plambeck Neue Energien AG
Tel.: +49(0)4721-718-453
heinsohn@plambeck.de

Branche: Alternative energy
ISIN: DE000A0JBPG2
WKN: A0JBPG
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
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