In December 2022, Allianz Capital Partners, on behalf of Allianz insurance companies, signed an agreement to acquire a minority stake in the Finnish project developer Ren-Gas. Ren-Gas is the leading Nordic green hydrogen and power-to-gas project developer based in Finland. Allianz will provide funding of EUR25 million to Ren-Gas to support the Company’s project portfolio and will become a minority shareholder in Ren-Gas

In November 2022, The Emerging Markets Climate Action Fund managed by Allianz Capital Partners invested $25 million and EIB Global invested $75 million in AlcazarEnergy Partners II. The fund would finance renewable energy projects in the Middle East, North Africa, Eastern Europe and Central Asia

In December 2021, Allianz Capital Partners, on behalf of Allianz Insurance Companies signed an agreement to purchase 25.2% stake in the windfarm Hollandse Kust Zuid from BASF. On completion HKZ would be the largest offshore wind farm in the world with 140 wind turbines and a total installed capacity of 1.5GW

In November 2021, Allianz Capital Partners, on behalf of Allianz Insurance Companies and the Allianz European Infrastructure Fund entered into an agreement with Österreichische Glasfaser-Infrastrukturgesellschaft for the financing of the roll-out of fibre-to-the-home in Austria. As per the agreement Allianz would provide around 1 billion euros of equity for the deployment of fibre in Austria in order to be able to connect through öGIG up to one million households to the fibre optic network by 2030

In August 2021, Allianz global investor provided loan of $131.7 million to Aberdeen-based, North Star Renewables. The funds would be used to build three new service operations vessels that would support the Dogger Bank offshore wind farm in the UK

In June 2021, Allianz Capital Partners and the Allianz European Infrastructure Fund acquired a 10% stake in American Tower Corporation Europe. The transaction was valued at over €530 million. The agreement involves 30,722 telecommunication tower sites and covers two separate and independent transactions: One for the European division and another for the business in Latin America

In October 2020, Allianz Capital Partners on behalf of Allianz insurance companies and the Allianz European Infrastructure Fund signed an agreement to acquire 75% stake in Galp Gás Natural Distribuição from Galp Energía S.A.. Galp Gás Natural Distribuição is Portugal´s natural gas distribution network with length of over 13,000 km

In October 2020, Allianz Capital Partners on behalf of Allianz insurance companies closed the acquisition of its renewable energy installations in Poland from ENERTRAG, consisting of nine sites split into two projects, Dargikowo and Karlino. The production capacity of 133MW for Dargikowo and 53MW for Karlino, together can provide renewable energy for approx. 260,000 average households of the region per year. With these additions, Allianz owns more than 100 wind and solar parks.

The firm has established its expertise in equities, fixed-income, multi-asset and alternative investments. It employs over 2,700 people, including a team of 600 investment professionals worldwide, working across 21 locations

Allianz Global Diversified Infrastructure Equity Fund II is an open fund of Allianz Global Investors. It is an infrastructure opportunistic fund managed by Allianz Global Investors. The fund is located in Frankfurt, Germany. It targets communication and networking, transportation, energy sectors and focuses on renewable energy, transportation asset class

360 Capital Partners, Accenture, Agentis Capital, Allianz X, APG Group, Ares Private Equity Group, BlackRock are some of the institutional investors in Allianz Global Investors’ funds