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euro adhoc: Plambeck Neue Energien AG
Plambeck Neue Energien AG receives construction approval for offshore wind farm "Borkum Riffgrund" (E)

  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
Cuxhaven/Hamburg, 25. 02. 2004 - The Federal Office for Maritime
Shipping and Hydrography (Bundesamt für Seeschifffahrt und
Hydrographie (BSH)) today issued Plambeck Neue Energien AG
construction approval for the offshore wind farm project "Borkum
Riffgrund" This means that work can kick off in 2006 with the first
building stage, the pilot stage, involving the initial construction
of 77 wind energy installations in the 3 MW class with approx. 277 MW
installed output in the North Sea in the exclusive economic zone of
the Federal Republic of Germany. The investment volume for the first
building phase totals over 500 million euros. Financing is secured by
the project partner ENERGI E2 A/S. The project site is situated about
38 kilometres north of Borkum Island.
"Borkum Riffgrund" is being realised by a joint venture between
Plambeck Neue Energien AG, Cuxhaven, and the Danish energy concern
ENERGI E2 A/S and is the most advanced of the offshore wind farm
projects that Plambeck Neue Energien AG is involved in. A later,
second construction stage will see an expansion to up to 180 wind
energy installations. This would involve the construction of as many
5 MW class installations as possible. In its final form the
investment volume for the offshore wind farm "Borkum Riffgrund" will
be well over one billion euros. At the same time Plambeck Neue
Energien AG is actively involved in the planning and devising of
additional offshore projects in the North Sea and Baltic Sea
A supply agreement will see the electricity generated by the offshore
wind farm being fed into the transfer network south of Emden.
Plambeck Neue Energien AG
Public Relations
For more information please contact:
Rainer Heinsohn, Head of Public Relations
Telephone: 04721-718-453 		e-mail:  heinsohn@plambeck.de
end of announcement        euro adhoc 25.02.2004

Further inquiry note:

Guido Janzen
+49(0)4721-718-455
janzen@plambeck.de

Branche: Alternative energy
ISIN: DE0006910326
WKN: 691032
Index: Nemax 50, Prime Standard
Börsen: Frankfurter Wertpapierbörse / regulated dealing
Niedersächsische Börse zu Hannover / free trade
Berliner Wertpapierbörse / free trade
Bayerische Börse / free trade
Hamburger Wertpapierbörse / free trade
Bremer Wertpapierbörse (BWB) / free trade
Börse Düsseldorf / free trade
Baden-Württembergische Wertpapierbörse / free trade

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