PNE WIND AG: WKN sells 25.2 megawatts Swedish wind project

P R E S S R E L E A S E

29 September 2017


WKN sells 25.2 megawatts Swedish wind project

Wind farm Laxaskogen to be completed in early 2019

WKN AG, a leading developer of wind energy farms based in Husum, Germany, sold the Swedish wind project Laxaskogen to a German private investment group at the end of September.

The wind farm will be built in the South of Sweden. Laxaskogen is located in a forest area continuously used for modern Swedish forest industry. The area is already well equipped with roads constructed and used by forest machines and transportations. Construction is expected to be completed within the first quarter 2019. Total installed capacity for the Laxaskogen wind farm will be 25.2 megawatts. The wind farm will consist of 7 turbines each with a capacity of 3.6 megawatts. WKN will be responsible for the construction of the project which has been developed by the Swedish WKN-cooperation VKS Vindkraft Sverige AB.

WKN AG, being part of the PNE WIND Group, again demonstrates its decades of experience in the construction of international turnkey wind farms. "We are pleased that our high-quality project developments create significant interest among our customers," explains Roland Stanze, COO of WKN AG. "Thus, we will furtheron work on wind energy projects in the near future that are already developed ready to build."

"I feel happy about this success. This is one more step to strengthen our position on the international wind energy markets", adds Markus Lesser, CEO of PNE WIND Group.

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 innumerous European countries, South Africa and the US. Up to now, the company has initiated and realized projects with a total of about 1,350 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.

For more information, please contact:
Catrin Petersen, Head of Communications & Marketing, WKN
Telephone: +49 48 41 - 89 44 100

WKN AG
House of Future Energies
Otto-Hahn-Strasse 12 - 16, 25813 Husum, Germany
Tel. +49 4841 - 89 44 100
Fax +49 4841 - 89 44 225
www.wkn-ag.de


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