PNE WIND AG

Markus Lesser to become new CEO

DGAP-Media / 07.04.2016 / 19:24

Corporate News

PNE WIND AG: Markus Lesser to become new CEO

Cuxhaven, April 7, 2016 - Markus Lesser will become the new Chief Executive
Officer (CEO) of PNE WIND AG. This decision was taken today by the
Supervisory Board of PNE WIND AG. At the same time, his contract will be
extended until December 31, 2019. Markus Lesser will assume the function of
Per Hornung Pedersen, who has initially been delegated by the Supervisory
Board to join the Management Board until the Annual General Meeting on 25
May, and will continue to pursue the strategic orientation of the Group.

Markus Lesser has more than 25 years of experience in the international
energy sector. In the course of his various career milestones, he had
development and management responsibilities, especially for wind energy
plant projects in Europe, Asia, South America and Australia. Since May
2011, Markus Lesser has been working at PNE WIND AG as the Management Board
member responsible for operations and project development.

Markus Lesser: "In these turbulent times, it is a particular challenge to
assume the chairmanship of the Management Board. We will now sharpen our
focus on the implementation of our strategy for the marketing the portfolio
of wind farms, which are currently pooled in the treasury stock. In
addition, it is nevertheless crucial to also adapt the project development
to new framework conditions both in Germany and abroad and to make it fit
for the future."

Alexis Fries, Chairman of the Supervisory Board, believes that this will
ensure continuity: "Since 2011, Markus Lesser has been a key role in
helping shape the operational development of the PNE WIND Group and the
strategic orientation of the company. We are very well on the road to
achieve that goal and have already achieved first major successes. Now, it
is important to continue this positive development with Mr Lesser."

In the long-term, the Management Board should be comprised of three persons
in the future, too. The Supervisory Board intends to delegate Per Hornung
Pedersen to the Management Board again for a transitional period of
approximately six months until a new Chief Operating Officer (COO) is
appointed. Pedersen is intended to accompany the implementation of the
strategy for the portfolio of onshore wind farms, which are currently held
in the treasury stock. Thereafter, Mr Pedersen will focus on his
Supervisory Board mandate.

About the PNE WIND Group

The PNE Wind Group, with its brands PNE WIND and WKN, is one of the leading
German wind farm developers. With its roughly 380 employees, the PNE WIND
Group has been offering services covering the entire added value chain
ranging from the development, planning, realisation, financing, operation,
marketing and repowering of wind farms in Germany and abroad from a single
source for more than 25 years. Once the completed plants have been handed
over to operators, the PNE WIND Group also offers technical and commercial
management services, including regular maintenance, for the wind farms. The
offshore wind farms at sea are developed up to the point where they are
ready to be constructed. Alongside its business activities in the
established domestic market in Germany, the PNE WIND Group is present at
the international level in order to benefit from the huge growth potential
of the global wind energy market and it is expanding into dynamic growth
markets.

Contacts for queries

PNE WIND AG                                PNE WIND AG
Rainer Heinsohn                            Scott McCollister
Head of Corporate Communications           Investor Relations
Tel.:  [phone] - 7 18 - 453           Tel.:  [phone] - 7 18 - 454
Fax: [phone] - 7 18 - 373             Fax: [phone] - 7 18 - 373
Rainer.Heinsohn(at)pnewind.com             Scott.McCollister(at)pnewind.com

End of Media Release

---------------------------------------------------------------------------

Issuer: PNE WIND AG
Key word(s): Energy

07.04.2016 Dissemination of a Press Release, 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.
Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------------


Language: English
Company: PNE WIND AG
Peter-Henlein-Straße 2-4
27472 Cuxhaven
Germany
Phone: 04721 / 718 - 06
Fax: 04721 / 718 - 200
E-mail: [e-mail]
Internet: http://www.pnewind.com
ISIN: DE000A0JBPG2, DE000A0B9VG7, , DE000A1R0741, , DE000A12UMG0
WKN: A0JBPG, A0B9VG, , A1R074, , A12UMG
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart


End of News DGAP Media
---------------------------------------------------------------------------

452297 07.04.2016