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Plambeck Neue Energien AG becomes PNE Wind AG

Change of corporate name documents completion of the re-alignment / Company name underlines central competence and alignment of the company / Decision still requires approval by the Shareholders' Meeting

(PresseBox) (Cuxhaven, ) Operatively, Plambeck Neue Energien AG (ISIN: DE000A0JBPG2) has already completed concentration on the central business of wind-farm projecting onshore and offshore. In future, this strategic re-alignment shall also to be visible in the name of the enterprise. The Board of Directors and the Supervisory Board are therefore suggesting a change of the corporate name to "PNE Wind AG" to the Shareholders' Meeting taking place in Cuxhaven on May 14, 2009.

"The company is on a consistent growth course", Chairman of the Board Martin Billhardt explains the suggestion. "With the projecting of wind-farms, we are pursuing a sustainable, focussed and independent business model. We wish to document our central competence and the increasing international alignment even more strongly by the new name and the addition to the company logo 'Passion for Energy'." In addition, the new company name also reduces the risk of confusions with former affiliated companies. At the same time, in the Chairman of the Board's opinion, the new name also underlines the continuity in the corporate development. "For this reason, we are convinced that we are showing the profile and the alignment of the company to the outside concisely with 'PNE Wind AG' and are simultaneously building a bridge between the past and the future."


Plambeck Neue Energien AG with its headquarters in Cuxhaven plans and implements windfarm projects on land (onshore) and at sea (offshore). The key competence of the company is the development, projecting, implementation and financing of wind-farms and their operation and sale with subsequent service. Up to now, the enterprise has set up 88 windfarms with 503 wind-energy systems and a total nominal output of 699 MW. Alongside the business activity on the established German market, the company is increasingly expanding into dynamic growth markets. Via joint ventures, Plambeck Neue Energien AG is already represented in Hungary, Bulgaria, Turkey, Great Britain, Ireland and Romania. In these countries, wind farm projects with a nominal output of up to 1,430 MW are under development and are to be realized in the medium term. Furthermore a subsidiary is founded in the USA. In Germany (onshore) wind-farm projects with a nominal output of more than 400 MW are under development, of which 82 MW are under construction. Over and above this, Plambeck Neue Energien AG develops offshore wind-farm projects, of which two major projects in German waters have already been approved. Entry to promising foreign markets is also being examined for the offshore area.

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