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David Jones, CEO of Allianz Specialised Investments, said: "We are pleased to add the Schönwalde project to our portfolio. Together with the recently acquired Büttel, Emmendorf and Berge-Kleeste projects, this acquisition takes our installed capacity to 135 megawatts in the key German market and to over 200 megawatts in total."
Henrik Amby, CEO of Global Wind Power, added: "We are very pleased to have closed this agreement with Allianz and we look forward to working together. This transaction is a step towards achieving our strategy to become a global professional partner for wind farm investors."
About Allianz Specialised Investments
Founded in 1890, the Allianz Group is one of the leading global services providers in insurance, banking and asset management. With approximately 178,000 employees worldwide, the Allianz Group serves more than 70 million customers in about 70 countries. As part of Allianz's alternative asset investment activities, Allianz Specialised Investments is dedicated to the segment of renewable energy investments. Its aim is to build up a long-term portfolio in renewable energy sources, especially wind energy.
About Global Wind Power
Global Wind Power is a Danish-owned company specialising in the development, installation and administration of wind farms. Since it was founded in 2000, Global Wind Power has been involved in erecting more than 200 wind turbines in Denmark, Germany and Bulgaria. During the last financial year, the annual turnover amounted to more than 80 million euros in European markets.
Contacts:
Global Wind Power Allianz Group
Michael Skov Petra Krüll
Sales Manager Group Communications
Ph. +45 96 19 21 91 Ph. +49 89 3800 2628
Fax: +45 96 19 21 09 Fax: +49 89 3800 2114
mhs@globalwindpower.com petra.kruell@allianz.com
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