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Susan Arango of arangodigitalproduction.com shows how to easily upload and embed Youtube videos to your WordPress website. This is the first in a series of t...
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DGAP-News: PNE WIND AG / Key word(s): Miscellaneous PNE WIND USA constructs Chilocco wind farm project
20.12.2013 / 10:53
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Chicago / Cuxhaven, December 20, 2013 - PNE WIND USA, a subsidiary of the Cuxhaven, Germany based wind farm developer PNE WIND AG, has begun construction on the Chilocco wind farm project located in U.S. State of Oklahoma. The project, which has been developed to the point of construction over the past few years will now be build in several phases and have a nominal capacity of up to 153 MW when completed.
The wind farm is being built in an area located around the 'Chilocco Indian School' on Indian tribe lands. There has been a very good and close cooperation with the tribes of the Kaw, Otoe-Missouri, Ponca und Pawnee and Cherokee during the development of the wind farm.
Martin Billhardt, CEO of PNE WIND AG comments: 'For us it is a great step forward that our Chicago based team headed by Frank Kraatz has succeeded in developing this large wind farm project to the start of construction. We are delighted to have Mr. Kraatz, an experienced member of the WKN AG staff by us in our team. His work has made a decisive contribution to the realization of this project. This construction start illustrates that our strategy of international diversification is now paying.'
Company profile With its headquarters in Cuxhaven, PNE WIND AG plans and realises wind farm projects on land (onshore) and on the high seas (offshore). In doing so, its core competence lies in the development, project planning, and financing of wind farms and in their operation and sales respectively with the provision of subsequent service. To date, the PNE company group has already developed wind farms with a total nominal output amounting to almost 2,000 megawatts.
In addition to its business activities in the established German home market, PNE WIND AG is increasingly expanding into dynamic growth markets and is already represented in joint ventures and by subsidiary companies in 14 countries in Europe, Africa and North America. In these countries wind farm projects with a nominal output of about 4,800 MW are currently being developed and are to be completed in the medium term.
In addition, PNE WIND AG is developing offshore wind farm projects, of which four major projects in German waters have already been approved.
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PRESS RELEASE: PNE WIND USA constructs Chilocco wind farm project
DGAP-News: KINGHERO AG / Key word(s): Restructure of Company KINGHERO AG: First Measures taken to ensure the Cash Position
20.12.2013 / 14:50
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KINGHERO AG: First Measures taken to ensure the Cash Position
Wiesbaden, December 20, 2013. To secure the cash position of KINGHERO AG the management board has concluded arrangements with debtees. These arrangements shall secure the financial situation of the company for the time being in order for the company to remain capable of acting.
On the operating level the management board of the German Holding Company has started restructuring measures in the affiliated company KINGHERO Group Holdings Ltd. They concentrate mainly on securing further influence spheres including the affiliated companies Kinghero Fashion (Xiamen) Co. Ltd. and Xiamen Michelle Co. Ltd.
Furthermore the management team of the company is in contact with investors concerning short-term restoration benefits and further restructuring measures.
The management board and the supervisory board of KINGHERO AG plan to convene an extraordinary general meeting during the first quarter 2014. If required, the committee may decide on additional measures to ensure the continuity of KINGHERO AG.
Regarding the outstanding consolidated financial statements for the year 2012 the situation is still the following: The management board of KINGHERO AG demanded the management of the operative entities in China several times to present auditable consolidated financial statements for the financial year 2012. Furthermore, the operative entities were asked to remove the obstacles preventing KINGHERO's auditor for the financial year 2012, Warth & Klein Grant Thornton AG Wirtschaftsprfungsgesellschaft ('Grant Thornton'), to work on the consolidated financial statements. The auditor has presented these obstacles at the end of October 2013. The operative entities in China have not met repeated requests until today.
Therefore the management board of KINGHERO AG could not finish the consolidated financial statements yet. At present the management board acts on the assumption that no auditable consolidated financial statement can be presented for the year 2012 for the time being.
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PRESS RELEASE: KINGHERO AG: First Measures taken to ensure the Cash Position
Ann Coulter you won #39;t find black Santa at the North ...
Ann Coulter explains why Santa Claus and Jesus can #39;t be black.
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Ann Coulter you won't find black Santa at the North ... - Video
Ann Coulter you won #39;t find black Santa at the North
By: TV9 NEWS
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