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MarketScreener Homepage  >  Equities  >  Xetra  >  PNE AG    PNE3   DE000A0JBPG2


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PNE AG: The portfolio of internally operated wind farms is being expanded

10/26/2020 | 08:13am EST

DGAP-Media / 26.10.2020 / 14:13

Corporate News

PNE AG: The portfolio of internally operated wind farms is being expanded

- Wind farms with 46.6 MW will be realised

- Contract awards secured in the tenders

Cuxhaven, October 26, 2020 - PNE AG continues to expand its portfolio of internally operated wind farms. Construction of the "Boitzenhagen" wind farm with approx. 25 MW began at the end of September. The recently approved "Zahrenholz" wind farm with a nominal capacity of 21.6 MW has also been awarded a contract in the latest round of tenders by the Federal Network Agency and is scheduled to go into construction shortly. Both wind farm projects are located in the district of Gifhorn in the federal state of Lower Saxony.

It was only this year that PNE received the necessary permits for these wind farm projects in accordance with the Federal Immission Control Act. After construction, both wind farms will be operated by PNE AG itself.

"Getting these two wind farm projects ready for construction so quickly is a great achievement by our team in these difficult times, with the restrictions imposed by the corona pandemic. Our project development, construction department, land securing, property management and development department teams have worked together excellently," emphasises Markus Lesser, CEO of PNE AG.

PNE already operates wind farms with a nominal capacity of approx. 130 MW in its own portfolio. With these additional projects and their nominal capacity of 46.6 MW, PNE continues to implement this strategic orientation and is going to expand its own wind farm operations.

"We will pursue this course consistently in the coming years," explains Markus Lesser.

Six Vestas V136 wind turbines and one Vestas V126 turbine will be installed at the "Boitzenhagen" wind farm. All wind turbines will reach a total height of around 200 meters.

The "Zahrenholz" wind farm will comprise of six Nordex N131 wind turbines with a total height of 164 meters.

Both wind farms are scheduled to go into operation next year.

About PNE Group
The internationally operating PNE Group with its brands PNE and WKN is one of the most experienced project developers of onshore and offshore wind farms. Based on this success, the Group has developed into a "clean energy solutions provider". From initial site exploration and implementation of approval procedures via financing and turnkey construction to operation and repowering, the Company's services encompass all the phases of developing and operating wind farms. In addition to wind energy, the Company's range of offers includes photovoltaics, electricity storage, service products and the supply of clean electricity. The Company is also focussing on the development of power-to-gas solutions.

Contacts for enquiries

Rainer Heinsohn
Corporate Communications
Phone: +49 (0) 4721 718 453
Fax: +49 (0) 4721 718 373
Christopher Rodler
Investor Relations
Phone: +49 (0) 40 87933 114
Fax: +49 (0) 4721 718 373


End of Media Release

Issuer: PNE AG
Key word(s): Energy

26.10.2020 Dissemination of a Press Release, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language: English
Company: PNE AG
Peter-Henlein-Straße 2-4
27472 Cuxhaven
Phone: 04721 / 718 - 06
Fax: 04721 / 718 - 200
E-mail: info@pne-ag.com
Internet: http://www.pne-ag.com
ISIN: DE000A0JBPG2, DE000A2LQ3M9, , DE000A12UMG0,
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1143062

End of News DGAP Media

1143062  26.10.2020 


© EQS 2020
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