PressNewsFinancialsStakes and investments: Allianz first wind investment in the US

3 questions, 3 answers

Allianz first wind investment in the US

Service & Contacts

Allianz Group Communications
Koeniginstr. 28
80802 Munich

Contact overview

Receive the latest Allianz news.


Follow Allianz in the social networks:


  • Contact

  • Newsletter

  • Social Media

The first US investment is a major step for Allianz and offers great potential. David Jones, Head of Renewables at Allianz Capital Partners, explains the latest milestone.


Allianz Capital Partners
Munich, Feb 09, 2016

Allianz-David Jones, Head of Renewables at Allianz Capital Partners

David Jones, Head of Renewables at Allianz Capital Partners

What is the difference between the European and the US wind market?

Both are large markets with considerable potential going forward but one key difference is that individual project sizes in the US tend to be larger than in Europe. This is appealing to large investors such as Allianz as roughly the same amount of resources, in terms of time and due diligence expenses, are required to invest in larger projects as in smaller projects – so there are some economies of scale in the investment process.

Could you explain the difference between the European and US incentive schemes for wind?

In the US, renewables are primarily incentivized through tax benefits rather than premium electricity prices, as they are in Europe. Federal tax credits based on the amount of production and other tax benefits are the government’s main incentives to help drive the adoption of domestic clean energy technologies.

What does this step mean for Allianz?

This is Allianz’s first investment outside the European market for our Renewables platform and is therefore a major milestone for our business. It also represents our first joint venture, as all our European investments are 100 percent owned by Allianz insurance investors. In this investment Allianz is providing around 40 percent of the total tax equity, representing around 30 percent of the total project cost.

Allianz’s strong position in insurance and asset management in the US enables it to participate in this sector and, with the renewal of the Production Tax Credit legislation, we hope to be making further investments in the near and medium term.

We believe the financial services sector is in a unique position to help and provide the much needed capital and financing to accelerate the low carbon economy. With this investment Allianz is now supporting the energy transition in the US and has now invested in 60 wind farms and 7 solar parks, located in France, Germany, Italy, Sweden, Austria, Finland, and now the United States.

  Forward Looking Statement disclaimer

As with all content published on this site, these statements are subject to our Forward Looking Statement disclaimer:


  Press contact

Stefanie Rupp-Menedetter
Allianz Capital Partners                          
Phone +49.89.3800-2743
Send email

  More at

Allianz delivers strong 2017 results, proposes 5 percent dividend increase

Allianz-Allianz delivers strong 2017 results, proposes 5 percent dividend increase
Feb 16, 2018 | Allianz SE

Allianz Group reported strong results for the full year 2017 due largely to higher performance in Asset Management and Life and Health. Total revenues for the Group rose 3.0 percent to 126.1 billion euros for the year, driven by improvements in all business segments. Operating profit edged 0.4 percent higher to 11.1 billion euros in 2017, squarely in the upper half of the Group’s announced target range of 10.3 to 11.3 billion euros. 


Encouraging Future Generations: The Game Changers

Allianz-Encouraging Future Generations
Feb 13, 2018 | Allianz SE

Under our 'Encouraging Future Generations' program, 10 social startups have been shortlisted to receive mentoring as well as an opportunity to win a grant to scale up their business. Who are they and how are they making a difference to society? 


Dangerous Distractions

Allianz-Dangerous Distractions
Feb 09, 2018 | Allianz SE

When it comes to road safety, in-car technology is proving to be more dangerous than alcohol in many countries as it distracts drivers from keeping a careful eye on the road, finds a study by Allianz Center for Technology (AZT)...