EANS-Adhoc: PNE WIND AG once again sells wind farm package to EnBW
-------------------------------------------------------------------------------- ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------------
Contracts
17.12.2009
Cuxhaven, 17 December 2009 - Wind farm developer PNE WIND AG (ISIN: DE000A0JBPG2) has sold another package of several wind farms to EnBW Erneuerbare Energien GmbH. In total, seven onshore wind farms with up to 38 wind power plants and an installed capacity of 53 megawatt will be built in the coming months and handed over to EnBW Erneuerbare Energien GmbH after completion. The purchase agreement provides an investment amount of up to 1.7 million Euros per MW installed capacity.
PNE WIND AG and EnBW Erneuerbare Energien GmbH will continue to work together in the future. PNE Wind AG will carry out operational services for the onshore wind farms over the next 10 years.
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The wind farms will be built in Lower Saxony, Brandenburg and Saxony-Anhalt. Construction has already begun on some of the projects. In the course of 2010, all seven wind farms will be completed and subsequently transferred to EnBW Erneuerbare Energien GmbH. With a forecast average annual power production of about 117,000 megawatt hours, the wind farms will make a significant contribution to climate protection.
The sale of these seven wind farms is the second successful wind farm transaction between PNE WIND AG and EnBW Erneuerbare Energien GmbH. This shows the increasing interest, even of energy companies, in rapidly expanding wind power and, consequently, its increased usage in Germany.
The long-term legally stipulated conditions for compensating environmentally-friendly energy generated by the wind are having a positive effect.
end of announcement euro adhoc --------------------------------------------------------------------------------
Further inquiry note:
PNE WIND AG
Presse- und Öffentlichkeitsarbeit
Rainer Heinsohn
Tel: +49(0) 47 21 - 7 18 - 4 53
Fax: +49(0) 47 21 - 7 18 - 3 73
E-mail: info@pnewind.com
Investor Relations
cometis AG
Ulrich Wiehle / Dirk Stauer
Tel: +49(0)611 - 205855-11
Fax: +49(0)611 - 205855-66
E-mail: wiehle@cometis.de
Branche: Alternative energy
ISIN: DE000A0JBPG2
WKN: A0JBPG
Index: CDAX, Prime All Share, Technology All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
Hannover / free trade
München / free trade
Original-Content von: PNE WIND AG, übermittelt durch news aktuell