Dieter Ammer brings on board Pepyn R. Dinandt as the new COO and Member of the Board of Management of Conergy

Hamburg - The Supervisory Board of Conergy AG has appointed Pepyn R. Dinandt (46) as Chief Operating Officer (COO) and Member of the Board of Management. Dinandt will join on 15th November 2007 and will become Dieter Ammer’s deputy. Dieter Ammer will take over as interim Chief Executive Officer on the same day. With this appointment, Conergy gains an experienced, international manager, who is an expert in reorganisations and who has successfully held several Board and senior management positions. On 1st November, the former Schering CFO, Dr. Jörg Spiekerkötter, became Chief Financial Officer of Conergy.

“I am delighted that following months of looking, we now have an excellent and complete management team in place to quickly tackle the challenges ahead of us. In Pepyn Dinandt we have gained an excellent new colleague, who is highly experienced in the reorganisation of companies“, says the future Chairman of the Supervisory Board and current interim CEO-designate Dieter Ammer.

Dinandt studied economics in Britain. Following a sales role at Hewlett Packard, he joined the international management consultancy McKinsey. Dinandt subsequently held a range of management positions in different industrial companies. A Dutch national, he grew up in Turkey, Surinam, Ireland and Holland. He has worked in many industries – from mechanical engineering to electrical engineering – and has some 15 years of management experience. Most recently Dinandt was a member of the senior management of SMS GmbH Düsseldorf (€ 2,8 billion revenues and 9,000 employees).

“Renewable energies and solar technology in particular have enormous global growth potential. Conergy already has a very strong presence close to its customers in these attractive markets. It is now of utmost importance to maximise the potential for sustainable, profitable growth“, said Dinandt.


About Conergy

Conergy AG is Europe’s largest solar energy company by revenue and among the leading international vendors in the fast-growing field of renewable energies. The company is pursuing a customer-orientated growth strategy, which aims to offer each energy user worldwide the most appropriate technology in the most attractive markets for renewable energies. In the markets outside Germany, energy requirements for electricity, heat or cooling differ widely. Conergy offers to wide range of renewable energy products to cater to these different requirements and also has an international management team. The Conergy Group is now present on five continents with its own representative offices.


Hamburg, 9th November 2007


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