Allianz has acquired the operational Les Cent Jalois wind farm from project developer Eurowind. Located in the Aisne department in Northern France close to the village of Autremencourt, the wind farm utilizes Nordex N90 LS 100 2.5 MW wind turbines and has a rated capacity of 12 MW.

David Jones, CEO of Allianz Specialised Investments (ASI), said : "We are very pleased to have made our second wind farm investment in France which is a key wind energy market in Europe where we are actively pursuing further opportunities."

This investment takes the operational asset base of ASI in Europe to 300MW. It also represents further diversification of the portfolio with the addition of Nordex turbines to the existing fleet of Vestas, Enercon, REpower and Siemens machines.

"Especially in the current market environment the successful development of a wind farm portfolio with stable and uncorrelated returns proves to be an important element of a long-term orientated investment strategy", added Jones.