Cuxhaven, March 1, 2019 - As part of the implementation of the scale-up strategy, PNE AG, a leading international project and solution provider, is going to adapt its management structure. Board member Kurt Stürken does not extend his contract, which will end in September 2019. He has been responsible for international development. In future, CEO Markus Lesser will be the head of international development. CFO Jörg Klowat will take over the management of the Shared Services division.
The management level directly below the Board of Management, i.e. the divisional level, will be significantly strengthened. This is intended to advance the further rapid implementation of the "scale-up" strategy, with which PNE is developing into a Clean Energy Solution Provider, in the divisions.
A first step towards strengthening the divisions has already been taken with the appointment of Dr. Rolf Bungart, who has been responsible for onshore project development in Germany since the beginning of the year. Further support at the divisional management level for project development in international markets and entry into new markets are planned for the short term.
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.
PNE AG
Christopher Rodler
Investor Relations
Tel: +49 (0) 40 87933 114
Fax: +49 (0) 4721 718 373
Christopher.Rodler(at)pne-ag.com
End of Media Release
Issuer: PNE AG
Key word(s): Energy
01.03.2019 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
PNE AG, formerly PNE Wind AG, is a Germany-based renewable energy company. The Company develops onshore and offshore wind farms. It operates through two segments. The Electricity Generation segment covers the generation of electricity from the operation of own wind farms, and the Projecting of Wind Power Turbines covers the activities from initial site exploration, approval procedure, financing, turnkey construction, operation and repowering, as well as related services. The Company operates under the brands PNE and WKN and is active through subsidiaries and joint ventures in Europe, South Africa, the United States and Canada. The Company's offshore wind farms are mainly located in the North Sea and onshore wind farms are in numerous countries in Europe, as well as in South Africa, the United States and Canada. In addition to wind energy, PNE AG pursues solutions in the areas of photovoltaic energy, electricity storage and power-to-gas technologies with a focus on hydrogen.
PNE AG 
