05.05.2017

WKN sells wind farm Kirchengel to a group of investors

Construction of Thuringian project already started

WKN AG, a leading developer of wind energy farms based in Husum, Germany, and company of PNE WIND group, completely sold the Thuringian wind energy project to Centraplan GmbH as well as some private investors being consulted by the Swiss specialist for renewable energies, re:cap global investors ag. Two of the three Vestas V112 wind energy turbines with a capacity of each 3.3 megawatts were already sold at the end of 2016 while the third turbine has now been sold to the group of investors.

Construction works for the wind farm with a total capacity of 9.9 megawatts have already started. The turbines with a hub height of 140 metres are located close to the WKN wind farm Westerengel that had been commissioned already in 2016. Commissioning of all three Kirchengel turbines is planned for summer 2017. WKN will be responsible as EPC contractor and will also take over the technical and commercial management of the wind farm after commissioning within the company group. Approval of the complete wind farm had been submitted at the end of 2016.

„For WKN, the wind farm means a further acknowledgement of our work in Thuringia“, explains WKN-Chief Operative Officer (COO) Roland Stanze. In addition to its international subsidiaries WKN AG being part of the PNE WIND Group is operating a local office in the Thuringian city of Bad Langensalza. In 2016, WKN received the label “Fair Wind Energy” from the wind energy service unit of Thüringer Energie- und GreenTech-Agentur (ThEGA). Stanze: „For us Thuringia is a very important federal state where we also want to reach more participation of citizens creating higher value for the locals.“

 

WKN AG

WKN AG has planned, installed and operated turnkey wind energy farms in Germany since 1990. In addition, WKN AG is internationally represented by subsidiaries and joint-ventures in numerous European countries, South Africa and the US. Up to now, the company has initiated and realized projects with a total of about 1,300 megawatts capacity.

The headquarters of the WKN-Group are located at the “House of Future Energies”, an established centre of excellence for renewable energy sources in Husum/Germany. About 83 percent of WKN shares are owned by PNE WIND AG located in Cuxhaven/Germany while approx. 17 percent are held by private and institutional shareholders.

About the PNE WIND-Group

The PNE WIND-Group, with its brands PNE WIND and WKN, is one of the leading German wind farm developers. With its approx. 360 employees, the PNE WIND Group has been offering services covering the entire added value chain ranging from the development, planning, realisation, financing, operation, marketing and repowering of wind farms in Germany and abroad from a single source for more than 25 years. Once the completed plants have been handed over to operators, the PNE WIND Group also offers technical and commercial management services, including regular maintenance, for the wind farms. The offshore wind farms at sea are developed up to the point where they are ready to be constructed. Alongside its business activities in the established domestic market in Germany, the PNE WIND Group is present at the international level in order to benefit from the tremendous growth potential of the global wind energy market and it is expanding into dynamic growth markets.

Contacts for enquiries

Rainer Heinsohn
Corporate Communications
Tel: +49 4721 718 453
rainer.heinsohn(at)pnewind.com

Christopher Rodler
Investor Relations
Tel: +49 40 87933 114
christopher.rodler(at)pnewind.com