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PNE AG Peter-Henlein-Str. 2-4 27472 Cuxhaven, Germany http://www.pnewind.com
Contact Mr Janis Fischer +49 611 20585564
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PNE AG

PNE WIND AG receives milestone payment amounting to EUR 45 million for the "Gode Wind" offshore projects

(PresseBox) (Cuxhaven, )
Today the Danish company, DONG Energy A/S, announced that it has taken the decision to construct and finance the "Gode Wind" 1 and 2 offshore wind farms in the North Sea. PNE WIND AG developed the "Gode Wind" offshore wind farms and sold them to DONG Energy in 2012. PNE WIND AG will continue to act as the service provider for DONG Energy in the development of these projects.

The sales contract includes an agreement to make milestone payments upon reaching specified project stages. One of these milestones is this decision to construct and finance the projects which has now been taken by DONG Energy. PNE WIND AG is therefore receiving an additional milestone payment amounting to EUR 45 million.
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The publisher indicated in each case is solely responsible for the press releases above, the event or job offer displayed, and the image and sound material used (see company info when clicking on image/message title or company info right column). As a rule, the publisher is also the author of the press releases and the attached image, sound and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.