PNE AG: Projects with a capacity of 235.7 MW completed, under construction or sold
January 22, 2019 at 04:50 am EST
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DGAP-Media / 22.01.2019 / 10:45
Press Release
PNE AG: Projects with a capacity of 235.7 MW completed, under construction or sold
- Wind farm projects with 93.2 MW currently under construction
- Wind farms managed as a service provider for customers
- Operative successes in Germany, France, Sweden, Poland and Italy
Cuxhaven, January 22, 2019 - The project developer PNE AG can draw a positive balance of its operating activities in 2018. Wind farm projects with 142.5 MW were put into operation or the rights to them were sold. Further projects with a planned nominal capacity of 93.2 MW are currently under construction in Germany, Sweden and France. This adds up to projects with a total of 235.7 MW.
In addition, the rights to six wind farm projects in France, Poland and Italy with a total nominal capacity of 97.5 MW were sold in 2018. The projects sold will also be managed by PNE Group companies during the construction phase on behalf of the purchasers. The international project development markets are thus becoming increasingly important for PNE AG alongside the German market.
"Pleasing development"
Markus Lesser, CEO of PNE AG: "In spite of the sometimes difficult framework conditions in individual markets, our operating business of project planning of wind farms has developed very positively. We have also firmly established ourselves in the international markets. This and our very extensive portfolio of projects under development are the solid basis on which we can continue our strategic further development to become a Clean Energy Solution Provider."
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
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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.