PNE WIND AG realises largest single onshore project in company's history

start of construction of 'Chransdorf' wind farm with 57,6 MW

(DGAP-Media / 22.09.2014 / 14:17)

Press release

PNE WIND AG realises largest single onshore project in company's history:
start of construction of "Chransdorf" wind farm with 57,6 MW

Cuxhaven, September 22nd, 2014 - Wind farm developer PNE WIND AG realises
the largest German onshore project in its company's history: The
construction of the Chransdorf wind farm in Brandenburg is about to start
soon. A total of 24 wind turbines of the type N117/2400 by Nordex will be
installed, which have already been ordered from the manufacturer. The
entire wind farm is expected to be put into operation in 2015.

The wind farm is located in a forest area. In regard to make use of the
site's full potential, the planners chose the Nordex turbines with a height
of 141 meters after intensive preparatory

Martin Billhardt, Chief Executive Officer (CEO) of PNE WIND AG explains:"
With the construction of the Chransdorf wind farm we are taking a big step
into the future. This project will be incorporated into the Yieldco in
which we want to bundle primarily German wind farm projects with a total
capacity of around 150 MW. As the largest single onshore project in our
company's history, Chransdorf is an essential part of this portfolio."

Company profile

PNE WIND AG

With its headquarters in Cuxhaven, PNE WIND AG plans and realises wind farm
projects on land (onshore) and on the high seas (offshore). In doing so,
its core competence lies in the development, project planning, and
financing of wind farms and in their operation and sales respectively with
the provision of subsequent service. To date, the company has already
successfully developed wind farm projects with a combined total nominal
output of more than 2,000 megawatts.

In addition to its business activities in the established German home
market, PNE WIND AG is increasingly expanding into dynamic growth markets
and is already represented in joint ventures and by subsidiary companies in
14 countries in Europe, Africa and North America. In these countries wind
farm projects with a nominal output of over 5,200 megawatts are currently
being developed and are to be completed in the medium term.

In addition, PNE WIND AG is developing offshore wind farm projects, of
which four major projects in German waters have already been approved.

Contacts for enquiries

PNE WIND AG                PNE WIND AG               cometis AG

Rainer Heinsohn            Scott McCollister         Ulrich Wiehle / Janis

                                                     Blaum

Head of Communication      Investor Relations

Tel:  [phone] - 7 18  Tel:  [phone] - 7 18 Investor Relations