Nordex and Allianz Extend Their Relations in France
Allianz has acquired two more wind farms from Nordex France
Hamburg, 23 November 2009. Nordex AG is further improving its position as one of the leading project developers on the French market: Allianz Specialised Investments, part of the alternative asset investment activities of the Allianz Group, has purchased the wind farms “Barbes d´Or” (12.5 MW) and “Joyeuses” (10 MW), planned and erected by Nordex. The total projects are equipped with Nordex N90/2500 turbines with 100 metre hub heights and are located in central France near to Issoudun.
In April this year Allianz already acquired the 12.5 MW “Les Cent Jalois” wind farm (12.5 MW) in the region of Aisne in northern France. This marked the start of the collaboration between Allianz and Nordex France. “We are pleased about this partnership. Allianz has now decided three times in favour of our N90/2500 technology, which has proved such an allround success”, said Carsten Pedersen, COO Sales and marketing at Nordex.
With 334 MW on grid, Nordex is one of the three largest project developers in France. Overall, today Nordex France has a portfolio of 1,000 MW in different stages of development.
David Jones, CEO of Allianz Specialised Investments, said: "We are pleased to have acquired these two wind farms from Nordex and thereby increase our activities in France. We now have four operational wind farms in this key wind energy market. These latest investments also take our operational asset base in Europe to over 300 MW.”
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