29.11.2016
PNE WIND AG DE000A0JBPG2
DGAP-Adhoc: PNE WIND AG: PNE WIND AG is in the final phase of negotiations concerning the sale of a majority stake in a wind farm portfolio
PNE WIND AG / Key word(s): Disposal/Alliance
29.11.2016 18:06
Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
Public Disclosure of Insider Information
Pursuant to Article 17 of the EU Market Abuse Regulation (MAR)
PNE WIND AG is in the final phase of negotiations concerning the sale of a
majority stake in a wind farm portfolio
Cuxhaven, November 29, 2016 - PNE WIND AG is in a very advanced stage of
negotiations with AREF II Renewables Investment Holding S.á.r.l. concerning
the sale of an 80% shareholding in PNE WIND YieldCo Deutschland GmbH. The
purchaser, a subsidiary company of the energy- and infrastructure-fund
Allianz Renewable Energy Fund II, is managed by Allianz Global Investors
GmbH and concluded its fundraising with institutional investors in November
2016. For this purpose, PNE WIND AG and Allianz Global Investors GmbH
recently agreed on exclusivity and today filed with the Federal Cartel
Authority the application for approval of the transaction necessary within
the framework of merger control regulations.
The agreement on the sought sale is to be signed and become binding in the
course of the coming 2 - 3 weeks. PNE WIND AG has bundled in PNE WIND
YieldCo Deutschland GmbH wind farm projects with a total of 142.5 MW
together with an option to purchase a further 9.9 MW from PNE WIND Group.
As previously announced, the conclusion of the agreement shall make a
significant contribution to accomplish the earning targets of PNE WIND AG
for this year.
Contact:
Contact:
PNE WIND AG
Rainer Heinsohn
Head of Corporate Communication
Tel: +49(0) 47 21 - 7 18 - 453
Fax: +49(0) 47 21 - 7 18 - 373
E-mail: Rainer.Heinsohn(at)pnewind.com
PNE WIND AG
Investor Relations
Scott McCollister
Tel: +49(0) 47 21 - 7 18 - 454
Fax: +49(0) 47 21 - 7 18 - 373
E-mail: [email protected]
29.11.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: PNE WIND AG
Peter-Henlein-Straße 2-4
27472 Cuxhaven
Germany
Phone: 04721 / 718 - 06
Fax: 04721 / 718 - 200
E-mail: [email protected]
Internet: http://www.pnewind.com
ISIN: DE000A0JBPG2, DE000A1R0741, , DE000A12UMG0,
WKN: A0JBPG, A1R074, , A12UMG,
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange
End of Announcement DGAP News-Service
---------------------------------------------------------------------------
|
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu
PNE WIND AG ISIN: DE000A0JBPG2 können Sie bei EQS abrufen
Solar-/Windparks , A0JBPG , PNE3 , XETR:PNE3