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CWEE2009
Allianz buys two German wind energy projects Print E-mail
Wednesday, 17 January 2007

WKN Windkraft Nord AG has sold two German windfarms, Halenbeck and Kittlitz, to Allianz Specialised Investments, part of Allianz, which is dedicated to building up a long-term portfolio in renewable energy sources, especially wind energy.

Both wind farms have been in operation for several weeks. In Halenbeck, nine Vestas V80 wind turbines with a total installed capacity of 18MW produce environmentally friendly power. On the former coal mining site Seese-West near the small town of Kittlitz, five Vestas V90 turbines, each of 2MW capacity, have been erected. This is the third joint transaction of the two companies; the first foreign WKN wind energy project in Francofonte (Sicily, Italy) at the end of 2005 and the contract on the German wind farm Freyenstein in mid 2006.
 
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