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Press Release

Herausgeber: PNE AG

PNE WIND AG sells the Leddin IV wind farm to KGAL

Cuxhaven - In extending the \"Leddin\" (Brandenburg) wind farm, the wind farm project developer, PNE WIND AG, has completed, commissioned and sold two additional wind energy systems with a total combined nominal output of four MW to KGAL GmbH & Co. KG. Since the beginning of the year, the PNE WIND Group has constructed or started construction on wind farms with a nominal capacity of 128 MW in Germany. \"We are making very good progress in project implementation and will likely exceed our targets set for this year\", said Markus Lesser, the Director responsible for the operational business.

The two Vestas V90 wind energy systems with a hub height of 95 metres represent an expansion of the existing \"Leddin\" wind farm which was also developed by PNE WIND AG. PNE WIND AG will also take over the technical and commercial operations management of these systems and thus remain associated with the project in the long term.

Dr. Klaus Wolf, general manager responsible for infrastructure at KGAL Investment Management GmbH & Co. KG‘s, comments: \"Germany remains one of our core markets for renewable energies. We are pleased to be able to strengthen our successful cooperation with PNE WIND AG with the \"Leddin IV\" project.\"

Martin Billhardt, Chairman of the Board of Directors of PNE WIND AG, see the company making good progress: \"The intensive development of projects by our team in recent years is now paying off. A good number of wind farms will be completed or be under construction in the coming weeks. This provides clear evidence of our competence.\"


Cuxhaven, 4th August 2014


Publication and Reprint free of charge; please send a voucher copy to PNE WIND AG.


Attention editorial offices: For further questions please contact

PNE WIND AG
Rainer Heinsohn
Head of Company Communication
Tel: +49(0) 47 21 – 7 18 - 453
Fax: +49(0) 47 21 – 7 18 - 373
Email: Rainer.Heinsohn@pnewind.com

PNE WIND AG
Peter-Henlein-Straße 2 - 4
27472 Cuxhaven
Internet: http://www.pnewind.com



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About PNE AG

The internationally operating, listed PNE Group is included in the SDAX as well as the TecDAX. For more than 25 years, it has been one of the most experienced project developers in the field of onshore and offshore wind farms. The focus is on the development of wind power and photovoltaic projects worldwide as well as on electricity generation with its own wind farms. Its portfolio covers all project planning phases, from site investigation and the implementation of the approval procedures, through financing and construction, to operation and repowering.

As a clean energy solutions provider, the PNE Group also offers services for the entire life cycle of wind farms and photovoltaic plants. The PNE Group is a sought-after partner to industry for solutions for the refinement of electricity via power-to-X technologies.

More Information about PNE AG