PNE WIND group: WKN wind farm sold to CEE - German wind farm Looft II to be commissioned in 2015 19 December 2014 - At the end of 2014 the Husum-based project developer WKN AG, a company of PNE WIND group, has sold the wind energy project Looft II (Schleswig-Holstein) to CEE, an investment company located in Hamburg. Handover of the project will take place on completion.

The Schleswig-Holstein project Looft II in the district of Steinburg consists of four wind turbines. Two Vestas V112 each with an installed capacity of 3.075 megawatts and 94 metres hub height as well as another two Vestas V90 each with an installed capacity of 2.0 megawatts and a hub height of 105 metres will be erected. The commissioning of the wind farm is planned as of the second quarter of 2015; corresponding preparatory construction measures have already been taken. The wind farm will feed directly into the 110-kilovolt grid via a transformer station. The expected annual power production of the 10.15 megawatts farm amounts to approximately 26 million kilowatt hours. Thus, when put into operation the wind farm developed by WKN will provide environmentally friendly energy to about 7,500 households in Schleswig-Holstein.

"Wind farm Looft II is the first transaction with CEE", Dr Jürgen Dambrowski, CFO of WKN AG reports. "Our majority shareholder PNE WIND has already cooperated with CEE successfully, thus we are also looking forward to our future cooperation. "
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