PNE : Wind energy pioneer celebrates the 20th anniversary of its IPO

DGAP-Media / 08.03.2019 / 12:37 Corporate News PNE AG - Wind energy pioneer celebrates the 20th anniversary of its IPO - IPO as cornerstone of positive corporate development - New strategic orientation "scale-up" shows effect - International expansion of business progressing well - Renewable energies are basis for success Cuxhaven, March 8, 2019 - PNE AG is currently celebrating the 20th anniversary of its IPO. More than 20 years ago, the enterprise went public as "Plambeck Neue Energien AG" and thus laid the foundation for the successful development of the Company. Today, the brand "PNE" stands for "Pure New Energy" and clearly illustrates the innovative and broad business model in all areas of renewable energies. "We have developed from a wind power pioneer into a full service provider for renewable energies. From wind power to photovoltaics to hydrogen applications and the storage of generated energy, we cover the essential areas of renewable energies," is how PNE's CEO Markus Lesser describes the service portfolio of his enterprise. "We are respected for the special quality of our projects and the reliability in their implementation, both in Germany and internationally". On the way to Clean Energy Solution Provider The way for the future of PNE AG as a provider of integrated solutions for the generation and storage of clean energy is defined until 2023 by "Scale Up" strategy. Wind power continues to be an important component of PNE AG's business portfolio and remains its core field of activity. But by integrating and offering other forms of renewable energies, the Company's great know-how can be used even better, which will also have a positive effect on the economic development of PNE AG. Positive international business expansion The new strategy also has a positive international impact. The Group operates in 14 countries on three continents with a growing product portfolio and is committed to providing electricity from clean energies. With the recent expansion to Panama, PNE AG now has an interface to the South and Latin American market. The new location is the gateway to new wind power and photovoltaic projects on this sub-continent. Renewable energies are basis for success As a result of ongoing climatic changes and the political efforts to stop these changes, wind power and renewable energies will continue to gain in importance and replace electricity generated by nuclear power and fossil-fuel power plants. The Group concentrates on clean and sustainable energies as well as on business activities with a focus on sustainable value creation. By expanding its service business, PNE will secure additional and consistent earnings. "The realignment as a Clean Energy Solution Provider is the right decision and answer to the volatile markets. The extended business model offers solutions and alternatives, but also flexibility to react to changes in the markets. Thus, PNE AG presents itself as a spearhead in the markets of renewable energies", Markus Lesser sums up his ambitions. 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 Rainer Heinsohn Corporate Communications Tel: [phone] Fax: [phone] Rainer.Heinsohn(at)pne-ag.com PNE AG Christopher Rodler Investor Relations Tel: [phone] Fax: [phone] Christopher.Rodler(at)pne-ag.com   End of Media Release Issuer: PNE AG Key word(s): Finance 08.03.2019 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:	[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

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