• 14.01.2009, 09:07:43
  • /
  • OTE0004

Kelly Lloyd becomes General Manager at Plambeck New Energy USA, Inc.

--------------------------------------------------------------------------------
ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
the content of this announcement.
--------------------------------------------------------------------------------

Cuxhaven (euro adhoc) - Cuxhaven/Chicago, January 13, 2009 - Kelly Lloyd, an
experienced manager in the development of projects in the renewable energies
sector, will become the General Manager of Plambeck New Energy USA, Inc.
effective as of January 15, 2009.

"With Kelly Lloyd we have found a very experienced manager in the US wind power
market", says Martin Billhardt, the Chairman of the Management Board of Plambeck
Neue Energien AG, with regard to this personnel decision. Based on his extensive
experience Kelly Lloyd will develop, position and manage the US business of
Plambeck Neue Energien AG from its headquarters in Chicago. "We are very glad to
have an expert of his calibre on board", Martin Billhardt continues.

Prior to his employment at Plambeck Neue Energien AG, Kelly Lloyd worked with
the project developer enXco Inc., a US subsidiary of EDF Energies Nouvelles
S.A., for more than ten years in various positions. Most recently he acted as
Chief Financial Officer, where he assured financing in excess of $ 500 million
for the development and construction of projects. Within the context of the
purchase of companies, he was furthermore responsible for the acquisition of
wind power projects with a total capacity of 200 MW.

Already back in October 2008, Plambeck Neue Energien AG had established its
fully-owned subsidiary Plambeck New Energy USA, Inc. for the development of wind
power projects in the US, one of the most attractive future wind power markets.
The company sees significant opportunities for growth in the American wind
energy market both in the medium and long-term, as the development and
construction of wind farms is being supported more and more by the USA. The
Chairman of the Management Board, Martin Billhardt explains that "it is our
objective to take under contract and to develop together with joint venture
partners wind farm projects with a nominal output of up to 2,500 MW in the US
within the next three years."

In total, industry experts anticipate a definite double-digit growth rate in the
American market until the year 2012, so that the installed output will triple to
more than 57,000 MW. According to this estimate, the USA will develop into the
largest market for wind energy worldwide in the future. Especially states like
Florida, Texas and California are expected to become pioneers in this field.

With the market entry into the USA, Plambeck Neue Energien AG continues to
pursue its strategy of international expansion. The company is already
represented in a number of further growth markets via joint ventures in Hungary,
Bulgaria, Romania, Turkey, Great Britain and Ireland as well as a participation
in the development of a French wind farm. Currently Plambeck Neue Energien AG
works on wind farm projects with a capacity of up to 1,430 MW in these
countries, which should be realised in the medium term.

Corporate profile:

Plambeck Neue Energien AG with its headquarters in Cuxhaven plans and implements
wind-farm projects on land (onshore) and at sea (offshore). The key competence
of the company is the development, projecting, implementation and financing of
wind-farms and their operation and sale with subsequent service. Up to now, the
enterprise has set up 84 wind-farms with 479 wind-energy systems and a total
nominal output of 651 MW.

In Germany (onshore) wind-farm projects with a nominal output of more than 400
MW are being processed, of which 120 MW are already under construction.

Over and above this, Plambeck Neue Energien AG develops offshore wind-farm
projects, of which two major projects in German waters have already been
approved. Entry to promising foreign markets is also being examined for the
offshore area.

Further inquiry note:
Rainer Heinsohn
Plambeck Neue Energien AG / Öffentlichkeitsarbeit
Tel.: +49(0)4721-718-453
heinsohn@plambeck.de

end of announcement euro adhoc
--------------------------------------------------------------------------------

emitter: Plambeck Neue Energien AG
Peter-Henlein-Str. 2-4
D-27472 Cuxhaven
phone: +49(0)4721 718 06
FAX: +49(0)4721 718 400
WWW: http://www.pne.de
sector: Alternative energy
ISIN: DE000A0JBPG2
indexes: CDAX, Prime All Share, Technologie All Share
stockmarkets: regulated dealing/prime standard: Börse Frankfurt, free trade:
Börse Berlin, Börse Hamburg, Börse Stuttgart, Börse Düsseldorf,
Börse Hannover, Börse München
language: English

OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS - WWW.OTS.AT | CNE

Bei Facebook teilen.
Bei X teilen.
Bei LinkedIn teilen.
Bei Xing teilen.
Bei Bluesky teilen

Stichworte

Channel