Germany’s Allianz has made its fourth tax-equity investment into the US wind market in the past year alone, once again backing a project developed by EDF Renewable Energy, the California-based unit of French energy giant EDF.
Allianz entered the US wind tax-equity market in early 2016 after the production tax credit was extended, joining Bank of America Merrill Lynch to invest in EDF-RE’s 250MW Roosevelt and 50MW Milo wind farms, both in New Mexico.