David Jones, CEO of Allianz Specialised Investments (ASI), said : "We are very pleased to have made our second wind farm investment in France which is a key wind energy market in Europe where we are actively pursuing further opportunities."
Allianz acquires Les Cent Jalois wind farm
This investment takes the operational asset base of ASI in Europe to 300MW. It also represents further diversification of the portfolio with the addition of Nordex turbines to the existing fleet of Vestas, Enercon, REpower and Siemens machines.
"Especially in the current market environment the successful development of a wind farm portfolio with stable and uncorrelated returns proves to be an important element of a long-term orientated investment strategy", added Jones.
Nordex N90 2.5MW turbinePhoto: Nordex
About Allianz Specialised Investments
As part of Allianz's alternative asset investment activities, Allianz Specialised Investments is dedicated to the segment of renewable energy investments. Its aim is to build up a long-term portfolio in renewable energy sources, especially wind energy.
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