Allianz Capital Partners acquire three wind parks in Germany and France
Allianz Capital Partners has acquired two wind parks in France and one in Germany with a combined capacity of 100 Megawatts to generate energy for over 40,000 households.
Allianz Capital Partners bought the recently constructed wind park "Fontfroide" (Hérault department) and the "Bruyère Grand" project (Cantal department). Both departments are located in the south of France. The wind parks have a capacity of 23.5 Megawatts and were acquired from EDF Energies Nouvelles, a subsidiary of Électricité de France, the biggest electricity producer in Europe.
In Germany Allianz Capital Partners acquired a wind park in Dahme, which is located around 80 kilometers south of Berlin. The seller was the Spanish renewable energy producer Eolia Renovables. The wind park has a capacity of 76.5 Megawatts.
"We are very pleased to add these three assets to our growing portfolio, particularly as they represent further material steps in growing our business in two of the core European renewable energy markets - Germany and France", said David Jones, Head of Renewable Energy at Allianz Capital Partners.
With the three new acquisitions, and the recently announced Maevaara project in Sweden, Allianz has expanded its renewable investment portfolio to 39 wind farms and seven solar parks. These have a combined electrical generation capacity of over 930 Megawatts, making Allianz one of the world's largest financial investors in renewable energy.
Source: Allianz Capital Partners
