Allianz buys 100MW of onshore wind

Insurance giant Allianz says it has bought 100MW of onshore wind assets in France and Germany.

The German group’s alternative investment arm, Allianz Capital Partners, acquired two wind farms totaling 23.5MW in southern France from EDF Energies Nouvelles.

Allianz also snapped up the 76.5MW Dahme wind project near Berlin, previously owned by Spanish renewables developer Eolia Renovables.

Allianz said the deals raised its total wind and solar investments above $2.1bn.