Allianz Global Investors: Renewable Energy Transactions
Allianz Global Investors appears in 2 renewable energy transactions tracked by Renewables.digital (2 as buyer) between March 2026 and April 2026, with a combined capacity of 3,389 MW. Technologies: Battery Storage (BESS) (2). Countries: Germany (2). The most recent deal is “AllianzGI Acquires 51% Stake in GESI, Germany's 2.6 GW Battery Storage Platform” (23 April 2026).
2Transactions
3,389 MWTotal capacity
1Countries
March 2026 – April 2026Period
All transactions involving Allianz Global Investors
Allianz Global Investors has acquired a 51% stake in Green Energy Storage Initiative (GESI), a German battery energy storage platform developing approximately 2.6 GW of large-scale BESS projects across Bavaria and Lower Saxony. Projects are located at strategic transmission grid nodes and are scheduled for commissioning by 2029. This is AllianzGI's second direct equity investment in German battery storage in 2026, following its TotalEnergies partnership announced in March.
Allianz Global Investors (AllianzGI) has signed an agreement to acquire a 50% stake in a portfolio of 11 large-scale battery energy storage projects in Germany from TotalEnergies, with a total capacity of 789 MW and 1,628 MWh. Developed by Kyon Energy, a TotalEnergies subsidiary, all projects are currently under construction and scheduled for commissioning by 2028. The joint venture involves a total investment of €500 million, with TotalEnergies retaining a 50% stake and continuing as operator.
Data as of 30 September 2026. The overview covers the transactions currently listed in the Renewables.digital database; each deal links to its original public source.
