EANS-News: PNE WIND AG: Energy Bankers à Paris mandated as financial advisor for offshore project "Gode Wind II"

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Contracts/Project financing

Cuxhaven (euro adhoc) - 19 April 2010 - PNE WIND AG has taken a
further step in the financing of their offshore wind farm project
"Gode Wind II" by mandating Energy Bankers à Paris (EBAP) as
financial advisor. The EBAP team, led by Jérôme Guillet, will assist
PNE WING AG to procure non recourse debt financing for the project
from commercial banks and public financial institutions.

The offshore wind farm "Gode Wind II" was approved by the Bundesamt
für Seeschifffahrt und Hydrographie (BSH, Federal Maritime and
Hydrographic Agency) in 2009. Situated in the North Sea at about 33
kilometers off Norderney island, this project will allow for the
construction of up to 80 offshore wind turbines. PNE WIND AG is
working together with wind turbine manufacturer Vestas for the
technical development of "Gode Wind II". The beginning of realization
of the offshore wind farm "Gode Wind II" is planned for 2011/2012.
"Gode Wind II" is directly adjacent to the offshore wind farm project
"Gode Wind I," which has also already received its BSH approval and
is also fully owned by PNE WIND AG. In both projects together, 160
offshore wind turbines can be installed with a rated power of up to
800 MW.

Company profiles

Energy Bankers à Paris was founded in early 2010 by Jérôme Guillet
and three other former project finance bankers with experience in
structuring and arranging large scale non recourse financings for the
renewable energy sector. Its principals were direct participants, as
lead arrangers, in all the offshore wind farm projects to have been
financed on a non-recourse basis to this date, and have been involved
with several offshore wind projects in Germany, the Netherlands, the
UK and Belgium on a advisory basis. Together, they have been directly
and personally instrumental to the successful financing of more than
3,000 MW of renewable energy projects. EBAP is currently advising
several European offshore wind projects on their debt-financing
plans.

PNE WIND AG, with its headquarters in Cuxhaven, develops and
implements wind farm projects on land (onshore) and at high sea
(offshore). Its core competence is the development, planning,
implementation and financing of wind farms and their operation or
sale including subsequent service. So far, the company has
successfully completed 93 wind farms with 536 wind energy systems and
a total nominal output of 772 MW.

Alongside its business activities in the established German home
market, PNE WIND AG is also increasingly investing in dynamic growth
markets and has subsidiaries and representations via joint ventures
in Hungary, Bulgaria, Turkey, the UK, Ireland, Romania, USA 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 Germany (onshore), wind farm
projects with a nominal output of more than 300 MW are currently
being processed.

Furthermore, 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

Energy Bankers à Paris

CEO and President

Jérôme Guillet

Tel: +336 6871 7126

E-mail: j.guillet@energybankers.fr

Branche: Alternative energy
ISIN: DE000A0JBPG2
WKN: A0JBPG
Index: CDAX, Prime All Share, Technology All Share
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