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MarketScreener Homepage  >  Equities  >  Xetra  >  PNE AG    PNE3   DE000A0JBPG2

PNE AG

(PNE3)
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PNE : commences construction of two further wind farms with 59 MW in Poland

11/27/2020 | 06:10am EST

DGAP-News: PNE AG / Key word(s): Miscellaneous
PNE AG commences construction of two further wind farms with 59 MW in Poland

27.11.2020 / 12:08
The issuer is solely responsible for the content of this announcement.


Corporate News

PNE AG commences construction of two further wind farms with 59 MW in Poland

- Successful involvement in the Polish market will continuing

- Further contribution to climate protection and the expansion of wind energy

Cuxhaven, November 27, 2020 - The PNE Group, which operates internationally in the development and operation of renewable energy projects, is starting construction of two further wind farms in Poland. These projects will have a total nominal capacity of approx. 59 MW.

The construction of the "Krzecin" will start very soon. In the northwest of Poland, eight Nordex N117 wind turbines with a total nominal capacity of approx. 19 MW will be installed in this project. The construction phase is scheduled to be completed by the end of 2021.

In addition, construction of the "Kuslin" wind farm in western Poland is due to begin in a few weeks. Twelve Vestas V126 wind turbines will be erected in this project. The nominal capacity of the wind farm will amount to approx. 40 MW. The construction phase should be completed in the first half of 2022.

"With these two wind energy projects, we are continuing our successful involvement in the growing Polish market for renewable energy. This is a further contribution to helping Poland achieve its climate protection and emission reduction targets for 2030," explains Markus Lesser, CEO of PNE AG.

The investment volume for the two wind farms is around euro 100 million. The project funds were secured with the support of the European Bank for Reconstruction and Development (EBRD) and BayernLB. Sevivon Sp. z o.o, a company of the PNE Group in the Polish market had taken over the two projects in the development phase and used their extensive expertise to complete them to a level ready for construction and financing.

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-X solutions.

Contacts for enquiries

PNE AG
Rainer Heinsohn
Corporate Communications
Phone: +49 (0) 4721 718 453
Fax: +49 (0) 4721 718 373
Rainer.Heinsohn(at)pne-ag.com

PNE AG
Christopher Rodler
Investor Relations
Phone: +49 (0) 40 87933 114
Fax: +49 (0) 4721 718 373
Christopher.Rodler(at)pne-ag.com




Contact:
Contact:

PNE AG
Rainer Heinsohn
Head of Corporate Communication
Tel: +49(0) 47 21 - 7 18 - 453
Fax: +49(0) 47 21 - 7 18 - 373
E-mail: Rainer.Heinsohn@pne-ag.com

PNE AG
Head of Investor Relations
Christopher Rodler
Tel: +49(0) 40 - 879 33 114
Fax: +49(0) 47 21 - 7 18 - 373
E-mail: Christopher.Rodler@pne-ag.com


27.11.2020 Dissemination of a Corporate News, 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
Germany
Phone: 04721 / 718 - 06
Fax: 04721 / 718 - 200
E-mail: info@pne-ag.com
Internet: http://www.pne-ag.com
ISIN: DE000A0JBPG2, DE000A2LQ3M9, , DE000A12UMG0,
WKN: A0JBPG, A2LQ3M, , A12UMG,
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1151174

 
End of News DGAP News Service

1151174  27.11.2020 

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© EQS 2020
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