Dealreport

November 2014

Allianz Global Investors acquires solar power plants
Green Tower II and III

The fund manager Allianz Global Investors (AGI) acquired the solar power plants Green Tower II and III via a renewable energies fund from AB Unternehmensberatung & Beteiligungsgesellschaft. The plants are located on a former military airport in Jocksdorf, Brandenburg and have an overall capacity of up to 80 MWp.

The solar park project was financed by BayernLB and UniCredit Bank AG. Stenger LLP had advised the finance parties in early 2014 in relation to the origination of the loan and has now also assisted them in connection with the change of the sponsors.

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