EANS-News: PNE WIND AG enters the repowering sector with the Alt Zeschdorf wind farm

--------------------------------------------------------------------------------
Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
--------------------------------------------------------------------------------

Utl.: • Modern technology replacing old wind-driven power systems
• Efficiency improved through repowering bonus
=

Cuxhaven (euro adhoc) - Cuxhaven, October 8, 2009 - With the Alt Zeschdorf wind
farm, the wind farm developer PNE WIND AG (ISIN: DE000A0JBPG2) has successfully
completed its first repowering project. Repowering involves the replacement of
old wind-driven power systems with more modern, higher performing and more
effective systems. The goal of the repowering is to clearly increase the
efficiency of wind power for the production of electricity as quickly as
possible. The Windpark began its operations in April 2009 before then being
transferred to purchaser EnBW Energie Baden-Württemberg AG.

In the context of additional relief for the environment through increased
electricity production, the German federal government and federal parliament
established special support for repowering projects in the German Renewable
Energy Law (EEG). In this context, electricity from wind power plants which
fulfil the corresponding legal regulations is awarded with an added bonus
payment. This is intended to achieve a more rapid exchange of old systems.

The requirements of repowering are considerable: the old and new wind-driven
power plants must be located in either the same or neighbouring districts. The
law also states that the systems which are to be replaced must be removed from
service. The new systems must also provide at least double the electricity
provided by the wind power systems that they have replaced.

At the `Windpark Alt Zeschdorf´ repowering project, the developer has fulfilled
all of these conditions. Confirmation is now available which includes the
certification for the fulfilment of the repowering requirements.

At the Alt Zeschforf wind farm, three Vestas V90 type wind-driven power systems
have been constructed, each with an installed capacity of 2 MW and a
comparatively high hub height of 108 metres. The wind-driven power systems can
cover the annual power requirements of approximately 4,000 private households.
The wind farm is therefore providing a significant contribution to environmental
protection, as the environmentally friendly production of such electricity from
wind power avoids the creation of around 8,500 tons of carbon dioxide and other
pollutants.

Martin Billhardt, Chairman of PNE WIND AG, is especially pleased: "For us, the
starting shot for the repowering has now been fired. PNE WIND AG has entered
this market early on and with a professional approach." Due to the age structure
of the wind farms that currently exist in Germany, the executive also views the
exchanging of old systems to represent an additional growth-driver for the wind
power market. "The number of repowering projects is set to rapidly increase in
the future. Due to our solid market position, we therefore view additional
growth potential to exist for PNE WIND AG", explains Martin Billhardt,
summarising the positive outlook.

Company profile

PNE WIND AG with its headquarters in Cuxhaven plans and implements wind-farm
projects on land (onshore) and also at high sea (offshore). In this context, its
central competence is developing, projecting, implementing and financing
wind-farms and their operation or sale with subsequent service. Up to now, the
company has built 92 wind-farms with 535 wind turbines and an installed capacity
of 770 MW.

Alongside the business activity on the established German home market, PNE WIND
AG is also increasingly investing in dynamic growth markets and has
representations via joint ventures in Hungary, Bulgaria, Turkey, Great Britain,
Ireland, Romania and Canada. Wind-farm projects with an installed capacity of up
to 1,400 MW are currently under development in these countries and are to be
built in the medium term. In addition, a subsidiary has been founded in the USA.
In Germany (onshore), wind-farm projects with an installed capacity of more than
300 MW are currently under development.

Furthermore, PNE WIND AG develops offshore wind-farm projects, three of which
have already been approved in German waters. Entering promising foreign markets
is also being examined for the offshore area.

Further inquiry note:
PNE WIND AG
Public Relations
Rainer Heinsohn
Tel: +49(0) 47 21 - 7 18 - 4 53
Fax: +49(0) 47 21 - 7 18 - 3 73
E-mail: [email protected]

Investor Relations
cometis AG
Ulrich Wiehle / Dirk Stauer
Tel: +49(0)611 - 205855-11
Fax: +49(0)611 - 205855-66
E-mail: [email protected]
Ende der Mitteilung euro adhoc
--------------------------------------------------------------------------------

issuer: PNE Wind AG
Peter-Henlein-Str. 2-4
D-27472 Cuxhaven
phone: +49(0)4721 718 06
FAX: +49(0)4721 718 373
WWW: http://www.pnewind.com
sector: Alternative energy
ISIN: DE000A0JBPG2, DE000A0B9VG7, DE000A0Z1MR2, DE000A0B9VG7
indexes: CDAX, Prime All Share, Technologie All Share
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Hamburg, Stuttgart, Düsseldorf, Hannover, München
language: English

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

print