PNE WIND AG

WKN concludes a framework agreement with John Laing

DGAP-Media / 05.02.2016 / 09:53



P R E S S R E L E A S E

05 February 2016

WKN concludes a framework agreement with John Laing

Agreement for potential future WKN projects in France and Poland

WKN AG, a leading developer of wind energy farms based in Husum, Germany,
concluded a framework agreement with John Laing Investments Ltd ("John
Laing") at the beginning of the year regarding the future acquisition of
international wind energy projects. John Laing Investments Limited is a
subsidiary of John Laing.

The agreement includes an investment in France with a total volume of more
than 50 megawatts. It is envisaged that the projects will be launched
successively in the next two years. Each purchase agreement will be subject
to building and operational approval of the projects. WKN will be
responsible for the construction of the projects, and will be commissioned
as EPC contractor by John Laing Group plc.

WKN AG, which is part of the PNE WIND Group, will be able to demonstrate
its competence in project development and its decades of experience in the
construction of turnkey wind farms. "We want to expand our strategic
approach to constructing international turnkey wind farms in the future",
explains Roland Stanze, COO of WKN AG. "This also applies to our steadily
growing WKN project pipeline in France."

Furthermore, WKN AG has concluded a separate framework agreement with John
Laing regarding a proposed investment in a WKN project in Poland with a
total volume of approximately 40 megawatts. This project is scheduled to be
included in one of the upcoming Polish renewable energy system auctions.

"We are very pleased to have the trust of the experienced infrastructure
investor John Laing. WKN AG has, without a doubt, earned international
recognition as a renowned project developer and turnkey provider over the
course of more than 25 years", according to Roland Stanze. Ross McArthur
Managing Director - Renewable Energy of John Laing Group adds, "At an
exciting time for the industry we are very pleased to be working together
with an experienced and successful partner in WKN on these wind farm
projects".

WKN AG
WKN AG has planned, installed and operated turnkey wind energy farms in
Germany since 1990. In addition, WKN AG is internationally represented by
subsidiaries and joint-ventures in numerous European countries, South
Africa and the US. Up to now, the company has initiated and realized
projects with a total of about 1,250 megawatts capacity.

The headquarters of the WKN-Group are located at the "House of Future