Allianz Capital Partners has expanded its portfolio by two wind parks in France and one in Germany / Combined capacity of 100 Megawatts generates energy for over 40,000 households.

The subsidiary Allianz Capital Partners (ACP) acquired on behalf of Allianz two wind parks in France and one in Germany. In the department Hérault Allianz Capital Partners bought the recently constructed wind park "Fontfroide" and the "Bruyère Grand" project in the 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.

With a combined capacity of 100 Megawatts, the plants are expected to generate sufficient energy to meet the needs of over 40,000 average European households.

"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 38 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.