DGAP-News

PNE WIND AG presents its report for the first nine months of 2015 - Seite 2

projects in the UK are now paying off. Looking to the future, the Group
aims to further optimise its international activities. In attractive
markets, activities will be strengthened while in less promising markets
the value already created in our developed projects will be secured and
realised.

The YieldCo will have up to approx. 150 MW when completed and it represents
a core development of our operations and is central to the strategic
development of the PNE WIND Group. Currently wind farms with 93.9 MW are
already in operation or are under construction. The YieldCo requires major
investments and as at September 30, 2015, the company had already invested
approx. euro 54.8 million of its own funds. In the reporting period, the
"Chransdorf" wind farm with 57.6 MW - the single largest onshore project in
our corporate history - was taken into operations and transferred to the
YieldCo.

Markus Lesser, Interim CEO and COO PNE WIND AG, "While the realisation of
the YieldCo is connected with significant upfront costs, we are sure that
this will pay off for PNE WIND and our shareholders. These investments are
creating highly valued assets which generate stable income from the sale of
electricity, as well as from the operation and management of the wind
farms. PNE WIND is already benefiting from this business and we are
achieving solid returns from the operational wind farms. Against this
backdrop, it is important to continually observe market developments
surrounding YieldCos and to examine in the near future how best to achieve
the best result in light of our overall strategic approach."

Business developments at the PNE WIND Group have been positive and we
confirm our forecast of achieving a cumulative EBIT for the 2014 to 2016
fiscal years of euro 110 to 130 million and see the prospect of increasing
our forecast upon the successful implementation of the YieldCo business.
For fiscal 2015, we expect that the Group-EBIT will continue to develop
positively and forecast that the consolidated EBIT should be in the range
of euro 30 to 40 million.

Markus Lesser, "The business is developing positive and we are optimistic
about the future. With an equity ratio of 35 percent, the Group has a solid
foundation on which to grow the business. Our development pipeline is well
filled with onshore and offshore projects. With the YieldCo, we have
expanded our business model and at the same time strengthen our competitive
position."

PNE WIND AG has published the report on the first nine months of 2015 today
on its website www.pnewind.com.

About the PNE WIND Group

The PNE Wind Group, with its brands PNE WIND and WKN, is one of the leading