Allianz Capital Partners acquired two wind parks in France and one in Germany

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

Munich, 5-7-2013 — / — 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.

“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.

About Allianz Capital Partners

Allianz Capital Partners is the Allianz Group’s in-house investment platform for alternative investments, with an investment volume of around 8.7 billion euros. Allianz Capital Partners has offices in Munich, London, New York and Singapore.

Allianz Capital Partners focuses on (i) direct investments in companies, projects or assets offering long-term, predictable and preferably inflation-protected cash flows, (ii) renewable energy assets such as wind farms and solar park systems and (iii) indirect investments in private equity funds. Thanks, in particular, to their long investment horizon and attractive risk/return profile, the asset classes covered by Allianz Capital Partners are an ideal match for the requirements of the Allianz insurance companies, with their long-term liabilities.

Forward-looking statements

The statements contained herein may include prospects, statements of future expectations and other forward-looking statements that are based on management’s current views and assumptions and involve known and unknown risks and uncertainties. Actual results, performance or events may differ materially from those expressed or implied in such forward-looking statements.

Such deviations may arise due to, without limitation, (i) changes of the general economic conditions and competitive situation, particularly in the Allianz Group’s core business and core markets, (ii) performance of financial markets (particularly market volatility, liquidity and credit events) (iii) frequency and severity of insured loss events, including from natural catastrophes, and the development of loss expenses, (iv) mortality and morbidity levels and trends, (v) persistency levels, (vi) particularly in the banking business, the extent of credit defaults, (vii) interest rate levels, (viii) currency exchange rates including the Euro/U.S. Dollar exchange rate, (ix) changes in laws and regulations, including tax regulations, (x) the impact of acquisitions, including related integration issues, and reorganization measures, and (xi) general competitive factors, in each case on a local, regional, national and/or global basis. Many of these factors may be more likely to occur, or more pronounced, as a result of terrorist activities and their consequences.

No duty to update

The company assumes no obligation to update any information or forward-looking statement contained herein, save for any information required to be disclosed by law.

Press contact

Melanie Epp
Allianz Capital Partners
Tel. +49.89.1220-7602


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