Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Allianz Sees More Renewables Deals After Investing $541 Million

Allianz Capital Partners, the alternative asset unit of Europe’s largest insurer, will seek further renewable-energy deals after investing more than 400 million euros ($541 million) in the industry last year.

Allianz Capital bought nine wind parks in 2013 including the 24-megawatt Cottbuser See wind farm in Brandenburg, Germany and the 76-megawatt Dahme wind farm south of Berlin, it said in a website statement. It also bought five wind farms in France, a venture in Italy and committed to fund construction of a Swedish plant, bringing Munich-based Allianz SE’s total investment in renewables to more than 1.75 billion euros.

Retirement and insurance funds are buying up renewable-energy projects that can generate electricity for more than 20 years and receive state subsidies. A unit of insurer Aviva Plc purchased solar-power installations on 4,000 U.K. homes in July while PensionDanmark A/S decided to invest 153 million pounds ($251 million) to buy shares in six U.K. wind farms in December.

“We will continue to seek opportunities in Germany, France and Italy,” David Jones, head of renewable energy at Allianz Capital, said in the statement. “But a further geographic expansion of the portfolio can be expected subject, of course, to being able to secure investments which offer an acceptable risk-return profile for our customers.”

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.