David Jones, CEO of Allianz Specialised Investments (ASI), said: "We are very pleased to have made our largest wind farm investment to date in France. This also marks the start of what we hope to be a productive relationship with EOLE-RES."
This investment takes the operational asset base of ASI in Europe to over 450MW.
Matthieu Guérard, Managing Director of EOLE-RES, said: "We began development of the Mont Gimont wind farm project in 2002 and are therefore delighted to see the turbines going up. We look forward to continuing our positive working relationship with Allianz through the final stages of construction".