AllianzGI Acquires 50% Stake in €500 Million German Battery Storage Portfolio from TotalEnergies

Allianz Global Investors (AllianzGI) is a global asset manager, part of Allianz SE, with approximately $533 billion in assets under management as of Q4 2023. It invests across a broad range of infrastructure sectors including renewables, digital infrastructure, transport, and utilities, primarily in Europe, North America, and Asia Pacific.

TotalEnergies is a global integrated energy company that produces and markets energies. They provide energy that is more affordable, sustainable, reliable and accessible.