PNE WIND AG

ots Ad hoc-Service: Plambeck Neue Energien <DE0006910300> Plambeck Neue Energien: Joint venture in Poland

05.10.2000 – 08:30

Ad hoc-announcement edited and sent by DGAP. The sender is solely
responsible for the contents of this announcement.
Cuxhaven/Berlin (ots Adhoc-Service)
The Plambeck Neue Energien AG, Cuxhaven, working in all areas of
renewable energies, is now involved in Poland. Plambeck Neue Energien
AG and the polish Salomon industries S.A. agreed on the foundation of
a joint venture, the "Plambeck Energy". The cooperation contract was
signed on 04 October 2000 in Berlin. Goal of this new company is the
extension of wind energy in Poland.
The first projects in Poland are already concrete. They are
dealing with the construction of two wind parks with a total
investment volume of about 110 Million DM. These projects located in
areas with strong wind near the polish Baltic coast can be realized
in the years 2001 and 2002. The necessary infrastructure as well as
the locations are available.
The market for renewable energies in Poland has not been developed
yet. With participation of the in windpower projects experienced
company Plambeck Neue Energien AG, the new company will be one of the
first of its kind operating on the polish market. The foundation of
the new company takes place after the necessary preconditions are
met.
The "Plambeck Energy" will take over the development, projecting,
construction and operation of the wind park. It is the first
participation in a foreign company of the Plambeck Neue Energien AG.
Plambeck Neue Energien AG Public Relations Office
For further questions please contact: Rainer Heinsohn, Public
Relations Manager, Tel.: 04721/718-453
End
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