Plambeck Neue Energien AG secures project financing for wind farms with 46 MW
Cuxhaven (euro adhoc) -
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finances/project financing
Cuxhaven, 13. 01. 2009 - Despite the financial crisis and the reticence of banks to grant loans resulting from this, Plambeck Neue Energien AG was able to secure the financing of wind farm projects with a nominal output of 46 MW at the end of 2008. The funds have already been paid out by the Commerzbank.
The financing with a volume of around 60 mill. Euro secures the share of outside financing of the wind farm projects in Buchholz (36 MW) and Schwienau II (10 MW). Both wind farms are already in the construction phase and will be completed in the first half of 2009.
"The successful financing shows that wind farm projects with their long-term securing of yields are amongst the particularly secure investments and that this is still being recognised, not only by the investors, but also by the banks", explains Roland Stanze, the general agent of Plambeck, who is responsible, amongst other things, for project financing.
Corporate profile:
Plambeck Neue Energien AG with its headquarters in Cuxhaven plans and implements wind-farm projects on land (onshore) and at sea (offshore). The key competence of the company is the development, projecting, implementation and financing of wind-farms and their operation and sale with subsequent service. Up to now, the enterprise has set up 84 wind-farms with 479 wind-energy systems and a total nominal output of 651 MW.
Alongside the business activity on the established German market, the company is increasingly expanding into dynamic growth markets. Via joint ventures, Plambeck Neue Energien AG is already represented in Hungary, Bulgaria, Turkey, Great Britain, Ireland and Rumania. In these countries, wind farm projects with a nominal output of up to 1,430 MW are under development and are to be realized in the medium term. Furthermore a subsidiary is founded in the USA. In Germany (onshore) wind-farm projects with a nominal output of more than 400 MW are under development, of which 120 MW are already under construction.
Over and above this, Plambeck Neue Energien AG develops offshore wind-farm projects, of which two major projects in German waters have already been approved. Entry to promising foreign markets is also being examined for the offshore area.
end of announcement euro adhoc
Further inquiry note:
Rainer Heinsohn
Plambeck Neue Energien AG
Tel.: +49(0)4721-718-453
heinsohn@plambeck.de
Branche: Alternative energy
ISIN: DE000A0JBPG2
WKN: A0JBPG
Index: CDAX, Prime All Share, Technologie All Share
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