Dow Jones received a payment from EQS/DGAP to publish this press release.
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: +49 (0) 4721 718 453 Tel: +49 (0) 40 87933 114
Fax: +49 (0) 4721 718 373 Fax: +49 (0) 4721 718 373
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.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
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: info@pne-ag.com
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)
© 2018 Dow Jones News
