DGAP-News

PNE WIND AG: Calau II D wind farm commissioned and handed over to Allianz - Seite 2

speedy realization of the wind farm. The wind farm represents a solid
investment for Allianz and is characterized by steady income over a long
period of time.

David Jones, Head of Renewable Energy for Allianz: "We are delighted to
acquire the final stage of the Calau wind park from PNE Wind Group and to
expand our portfolio in Germany which is one of our core markets."

Company profiles

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.

About Allianz

Together with its customers and sales partners, Allianz is one of the
strongest financial communities. Over 83 million private and corporate
customers insured by Allianz rely on its knowledge, global reach, capital
strength and solidity to help them make the most of financial opportunities
and to avoid and safeguard themselves against risks.

In 2013, around 148,000 employees in over 70 countries achieved total
revenues of 110.8 billion euros and an operating profit of 10.1 billion
euros. Benefits for our customers reached 93.0 billion euros.

This business success with insurance, asset management and assistance
services is based increasingly on customer demand for crisis-proof
financial solutions for an aging society and the challenges of climate
change. Transparency and integrity are key components of sustainable
corporate governance at Allianz SE.




Contact:
Contact:

PNE WIND AG
Rainer Heinsohn
Head of Corporate Communication
Tel: [phone] - 7 18 - 453
Fax: [phone] - 7 18 - 373
E-mail: [e-mail]


PNE WIND AG
Investor Relations
Scott McCollister
Tel: [phone] - 7 18 - 454
Fax: [phone] - 7 18 - 373