Allianz Acquires 20.25% Stake in îles d'Yeu et Noirmoutier Offshore Wind Farm in France
Allianz Global Investors has acquired a 20.25% minority stake in the îles d'Yeu et Noirmoutier offshore wind farm from Ocean Winds, marking its first offshore wind investment in France. The project, which is over two-thirds complete, is expected to generate its first power in June 2025 and achieve full commissioning by Q1 2026. This investment follows Allianz's previous projects in the Netherlands and Germany, continuing its commitment to renewable energy in France since 2008.
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Allianz Global Investors has acquired a 20.25% minority stake in the îles d'Yeu et Noirmoutier offshore wind farm from Ocean Winds. This project is nearing completion, with first power generated in June 2025 and over two-thirds of the turbines installed, supplying renewable electricity to French households.
Full commissioning is expected in Q1 2026. This marks Allianz's first offshore wind investment in France and its third direct investment in offshore wind, following projects in the Netherlands and Germany. Allianz has been investing in renewable energy projects in France since 2008.
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