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April 23, 2026
AllianzGI acquires a 51% stake in German battery storage platform GESI
Allianz Global Investors (AllianzGI) announced today that it has acquired a 51 percent stake in battery storage platform Green Energy Storage Initiative (GESI) on behalf of Allianz insurance companies.
April 22, 2026
Jio Financial Services and Allianz to form 50:50 primary insurance joint venture
Jio Financial Services Limited (JFSL) and Allianz Group (Allianz), through its wholly-owned subsidiary Allianz Europe B.V., today entered into a binding agreement to form a 50:50 primary insurance joint venture (JV) – covering general insurance and health insurance – to serve the rapidly expanding Indian insurance sector.
March 26, 2026
Allianz invests in the German electricity grid
Allianz is making its first equity investment in a German electricity grid, acquiring a stake in transmission system operator Amprion to support a secure energy supply and the energy transition. “Electricity grids are becoming increasingly important as the backbone of a decarbonised energy system,” says Mario Skoric, CEO at Allianz Investment Management.