Brussels, 15. March 2011 – German wind farm developer, PNE WIND AG, and the wind turbine supplier Vestas have agreed to an exclusive cooperation agreement for offshore wind farms in the North Sea. Building upon the successful cooperation on the development of the Gode Wind II offshore wind farm, PNE WIND’s Gode Wind I and III projects will also be developed in partnership with Vestas.

The Gode Wind I project foresees up to 77 offshore wind turbines, which will be supplied by Vestas, in a continuation of the excellent partnership that began with Gode Wind II. PNE WIND is responsible for the other components, such as the transformer station, the foundations and the wind farm cabling. In addition, PNE will push ahead with the wind farm design, the financing strategy and the involvement of additional project partners. Gode Wind I has already been approved by the relevant German regulatory bodies.

Gode Wind III is still in an early phase of development. It is expected that the project will feature approximately 15 wind turbines It is hoped that Gode Wind III could serve as the pilot project for the 6 MW offshore wind turbine that Vestas has announced is under development.

Initially, it is intended to construct Gode Wind II in 2012-2013, with 84 Vestas V112-3.0 MW wind turbines. In parallel, the two other Gode Wind projects are to be developed further in such time as to allow their follow-on construction.

Company profiles

Vestas

Every single day, Vestas wind turbines deliver clean energy that supports the global fight against climate change. Wind power from Vestas’ more than 43,000 wind turbines currently reduces carbon emissions by more than 40 million tons of CO₂ every year, while at the same time building energy security and independence.

Vestas is the world leader in wind technology, with a history of technological innovation and over 30 years of experience in developing, manufacturing, installing and maintaining wind turbines. Vestas was a pioneer in the wind industry and started to manufacture wind turbines in 1979. In 1987, the company began to concentrate exclusively on wind energy.

Today, Vestas operates in more than countries, providing jobs for over 20,000 passionate people at our service and project sites, research facilities, factories and offices all over the world.

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 set up 97 wind farms with 563 wind energy systems and a total nominal output of 804 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, Romania, Turkey, the UK, USA and Canada. Wind farm projects with a nominal output of about 3,450 MW are currently being processed in these countries and are to be implemented in the medium term. In Germany (onshore) currently wind farm projects with a nominal output of more than 800 MW are 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.