PNE Group: Polish Barwice wind farm project sold

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DGAP-Media / 2018-12-20 / 11:02 
 
*Press release* 
 
*PNE Group: Polish Barwice wind farm project sold* 
 
*- *The project was awarded a contract by tender in November 2018 
 
- The wind farm is scheduled to be commissioned in late 2019 
 
Cuxhaven/Husum, December 20, 2018 - In November, the Barwice wind farm 
project was awarded a contract as a result of its participation in the 
tender for Polish-based wind energy projects. WKN GmbH, which is part of the 
international PNE Group, has laid the foundations for construction in the 
short term and will ensure operational management in the long term. The 
project was sold at the end of 2018 to the investor Wirtgen Invest Energy 
GmbH. 
 
The Barwice project is based in the province of West Pomerania in 
north-western Poland. 14 Siemens SWT-3.0-113 wind turbines, with a combined 
nominal output of 42 megawatts, will be built there. The wind farm is 
expected to be commissioned in late 2019. 
 
WKN will also supervise the construction of the Barwice project on behalf of 
the investor. In addition, the PNE Group will be responsible for the 
technical management of the wind farm, following its completion. 
 
Roland Stanze, CFO of WKN: "The cooperation in Poland has also paid off in 
this project. "Barwice" has been developed by the Polish WKN cooperation 
with AOS SpK and Sevivon SP. z o.o." 
 
Markus Lesser, CEO of PNE, says: "This is a great achievement for our 
project team in Poland. Just a few weeks after its successful bid in the 
Polish tender for wind energy projects, Barwice was sold to an investor. In 
Wirtgen Invest Energy GmbH, we have found ourselves a reliable partner and 
are looking forward to continuing our successful collaboration in this 
project." 
 
*About the PNE Group* 
 
The internationally operating PNE Group with its brands PNE and WKN is one 
of the most experienced project developers of onshore and offshore wind 
farms. Based on this success, the Group has developed to become a "clean 
energy solutions provider". From initial site exploration and implementation 
of approval procedures via financing and turnkey construction to operation 
and repowering, the Company's services encompass all the phases of 
developing and operating wind farms. In addition to wind energy, in the 
future, the Company's range of offers will include photovoltaics, 
electricity storage, services and the supply of clean electricity. In this 
context, PNE is also involved in the development of power-to-gas solutions. 
 
*Contacts for enquiries* 
 
*PNE AG*                      *PNE AG* 
Rainer Heinsohn               Christopher Rodler 
Corporate Communications      Investor Relations 
Tel: [phone]     Tel: [phone] 
Fax: [phone]     Fax: [phone] 
Rainer.Heinsohn(at)pne-ag.com Christopher.Rodler(at)pne-ag.com 
 
End of Media Release 
 
Issuer: PNE AG 
 
2018-12-20 Dissemination of a Press Release, transmitted by DGAP - a service 
of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
 
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Archive at www.dgap.de 
Language: English 
Company:  PNE AG 
          Peter-Henlein-Straße 2-4 
          27472 Cuxhaven 
          Germany 
Phone:    04721 / 718 - 06 
Fax:      04721 / 718 - 200 
E-mail:   [e-mail] 
Internet: http://www.pne-ag.com 
ISIN:     DE000A0JBPG2, DE000A2LQ3M9, , DE000A12UMG0, 
WKN:      A0JBPG, A2LQ3M, , A12UMG, 
Listed:   Regulated Market in Frankfurt (Prime Standard); Regulated 
          Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, 
          Stuttgart, Tradegate Exchange 
 
End of News DGAP Media 
 
760843 2018-12-20 
 
 

(END) Dow Jones Newswires

December 20, 2018 05:03 ET (10:03 GMT)