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Dow Jones News
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PNE AG: Gerdau-Schwienau wind farm successfully repowered

Dow Jones received a payment from EQS/DGAP to publish this press release.

DGAP-Media / 2019-01-10 / 10:28 
 
*Press Release* 
 
*PNE AG: Gerdau-Schwienau wind farm successfully repowered* 
 
- New wind energy turbines with 21.6 MW nominal capacity completed 
 
- Clear yield increase thanks to repowering 
 
- Wind farm is operated within the 2020 portfolio 
 
Cuxhaven, January 10, 2018 - PNE AG has completed the "Gerdau-Schwienau" 
wind farm repowering project on time before the end of the year. Six new 
wind energy turbines with a nominal capacity of a total of 21.6 MW were 
fully erected. Although the number of wind turbines was more than halved as 
a result of repowering, power generation at the site can be roughly doubled. 
 
Markus Lesser, CEO of PNE AG: "This successful repowering project also 
demonstrates the enormous potential of using existing wind power sites and 
renewing older wind turbines. Our extensive experience with such projects 
pays off." 
 
PNE operates the wind farm as part of the 2020 portfolio, in which 
predominantly German and French wind farms with a capacity of up to 200 MW 
will be combined. Since the launch of "Gerdau-Schwienau", wind farms with a 
nominal capacity of 64.6 MW are operated within the 2020 portfolio. 
 
At the wind farm in Lower Saxony, six Nordex N 131 systems, each with 3.6 MW 
nominal capacity and a hub height of 99 metres, have been set up. These will 
replace 13 wind energy turbines, which had been erected from 2001 in this 
wind farm by the PNE Group. The future average annual power production will 
be able to cover the power demand of more than 13,500 households. 
 
The environmentally friendly wind power generated will be fed into the 110 
kV grid of Avacon AG via the newly constructed substation of the PNE Group 
located in the wind farm. 
 
The dismantling of the wind energy installations and the disposal and 
recycling of the components were carried out in compliance with strict 
environmental regulations. Roads and floor spaces required for cranes within 
the construction phase have been dismantled. 
 
The repowering project of the wind farm began in June 2018. The previous 
turbines, including the foundations, were completely dismantled. 
 
*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 
 
2019-01-10 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 
 
764951 2019-01-10 
 
 

(END) Dow Jones Newswires

January 10, 2019 04:28 ET (09:28 GMT)

© 2019 Dow Jones News
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