Dr. Peter Vest Appointed to the Executive Board of Windreich AG

Secure conditions for offshore projects enable further steps towards becoming the leading green energy supplier in Germany

Dr. Peter Vest is Director of Marketing and Business Development of Windreich AG

In the course of further development of Windreich AG’s business with regard to end consumer, Dr. Peter Vest was appointed to the Executive Board in the areas of marketing and business development. Willi Balz, founder and CEO of Windreich AG: "As an Associate Managing Partner of the marketing agency InterCom, as Chief Marketing Officer of EnBW and at the same time Yello Strom’s Spokesman of the Executive Board, Dr. Vest brings along his longstanding experience and expertise. He brings exactly the experience required by the brand Windreich today. We want to be the leading green energy supplier in Germany and deliver CO2-free electricity to millions of households. "

Dr. Peter Vest: "Today, Windreich is the brand with the most potential in the German energy market. The offshore wind farms of Windreich AG: Global Tech I, MEG I and Deutsche Bucht in the North Sea together with the follow-up projects in our pipeline and through their base-load electricity generation build the centerpiece of the energy transition. Windreich fulfills all the requirements to boost competition in the German electricity market for the benefit of both the consumer and producer.

Founded in 1999 by Dipl.-Wirt.-Ing. (FH) Willi Balz, the Windreich Group, based in Wolfschlugen and Hamburg, has company holdings in the area of on and offshore wind energy. It plans, builds, finances, operates, and markets wind turbines- both onshore and offshore. Windreich AG is one of the most successful wind energy companies in Germany with more than 1,000 financed, built or managed wind turbines.

Windreich AG is the only ongoing project planner with three timely and running offshore wind farms: Global Tech I is already under construction and the North Sea wind farms Deutsche Bucht and MEG 1 are about to reach the financial close. Three of the five grid connection confirmations of TenneT belong to Windreich AG.

Base load capacity is guranteed through the steady strong North Sea wind, thus no expensive storage technologies are necessary. The goal of the German Federal Government is to have installed approximately 10,000 MW offshore wind turbines until 2020, Windreich, with its 3,500 MW will make a great contribution after realization of the present projects. This implies that Windreich is making a sustained contribution to the energy transition more than any other company.

Windreich AG
Esslinger Strasse 11-15
72649 Wolfschlugen
Ruth Kinyanjui
Corporate Communications
Tel. +49 7022 953060
Email: pr@windreich.ag

This release was published on openPR.