German insurance major invests in US wind

German capital is now buying into two large wind farms in Texas. Investments in wind power are popular at the German insurance company.

Two major wind farms in Texas now have a new partial owner. German insurance company Munich Re which has acquired a 49-percent stake in the farms.

The two wind farms, which began operations at the end of 2016, have capacity of 230 MW. Selling the farms is Starwood Energy Group Global, which invests with focus on infrastructure. Starwood will remain owner of the other 51 percent of the wind farms.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Ørsted forced to delay coal phase out

The Danish authorities have ordered Ørsted to continue operations of one coal fired power plant and resume operations on two others until 2024. The utilty maintains aim of CO2-neutrality in 2025.

Further reading

Related articles

Latest News

See all jobs