EANS-News: Vestas supports PNE WIND AG in the implementation of the "Gode Wind II" offshore wind-farm

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Joint Ventures/Cooperation/Collaboration/Offshore Wind Farm

Cuxhaven (euro adhoc) - Cuxhaven, August 20, 2009 - The wind-farm
developer PNE WIND AG (ISIN: DE000A0JBPG2) today came to an agreement
with the Danish wind energy system manufacturer Vestas Offshore A/S
concerning support in the implementation of the Gode Wind II offshore
wind-farm. This agreement entails the joint technical development for
the set-up of 80 Vestas wind-energy systems in the "Gode Wind II"
offshore project, which has already been approved. In this way,
Vestas, the world's largest manufacturer of wind-energy systems, and
PNE WIND AG are continuing cooperation which has already been tried
and tested and successful in wind-farms on land (onshore) for the
offshore area.

In July 27, 2009, PNE WIND AG was given the approval for the "Gode
Wind II" offshore wind-farm by the Federal Agency for Marine Shipping
and Hydrography (BSH). Accordingly, this project in the North Sea
about 33 kilometres to the north of Norderney can accommodate 80
wind-energy systems. PNE WIND AG currently has a total of 3 approvals
for offshore wind-farm projects in the North Sea.

The members of the board of directors, Martin Billhardt and Bernd
Paulsen are pleased about the important progress for the project
implementation: "'Gode Wind II' is directly next to the 'Gode Wind I'
offshore wind-farm project, which has already been approved.
Together, 160 offshore wind-energy systems can be set up in these
projects according to the approvals in our possession. Vestas and PNE
WIND AG are aiming for a start of implementation for "Gode Wind II"
for 2011 / 2012."

The General Agents of PNE WIND AG, Thorsten Fastenau (Offshore) und
Roland Stanze (Business Development), who are also Managing Directors
of the PNE Gode Wind II GmbH project company, are sure that they
achieved an essential milestone on the road to implementing this
project by coming to this agreement.

Vestas currently has more than 374 wind-energy systems which it has
set up and are in operation offshore all over the world and thus also
has the greatest potential in experience in the set-up and operation
of offshore projects. In addition, Vestas already has more than 100
further offshore systems under contract for implementation.

Company profile

PNE WIND AG with its headquarters in Cuxhaven plans and implements
wind-farm projects on land (onshore) and also at high sea (offshore).
In this context, its central competence is developing, projecting,
implementing and financing wind-farms and their operation or sale
with subsequent service. Up to now, the company has set up 92
wind-farms with 535 wind-energy systems and an overall nominal output
of 770 MW.

Alongside the business activity on the established German home
market, PNE WIND AG is also increasingly investing in dynamic growth
markets and has representations via joint ventures in Hungary,
Bulgaria, Turkey, Great Britain, Ireland, Rumania and Canada.
Wind-farm projects with a nominal output of up to 1,400 MW are
currently being processed in these countries and are to be
implemented in the medium term. In addition, a subsidiary has been
founded in the USA. In Germany (onshore), wind-farm projects with a
nominal output of more than 300 MW are currently being processed.

Over and above this, PNE WIND AG develops offshore wind-farm
projects, three of which have already been approved in German waters.
Entering promising foreign markets is also being examined for the
offshore area.

end of announcement euro adhoc
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ots Originaltext: PNE Wind AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

PNE WIND AG

Presse- und Öffentlichkeitsarbeit

Rainer Heinsohn

Tel: +49(0) 47 21 - 7 18 - 4 53

Fax: +49(0) 47 21 - 7 18 - 3 73

E-mail: info@pnewind.com

Investor Relations

cometis AG

Ulrich Wiehle / Dirk Stauer

Tel: +49(0)611 - 205855-11

Fax: +49(0)611 - 205855-66

E-mail: wiehle@cometis.de

Branche: Alternative energy
ISIN: DE000A0JBPG2
WKN: A0JBPG
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