Paint Rock Independent School District

Avantus and Allianz Capital Partners Announce Completion of Sale for Galloway 2 Solar Project

Retrieved on: 
Thursday, November 3, 2022

Today, Avantus ( formerly 8minute ) announced it has completed the sale of the 147-megawatt (MWdc) Galloway 2 Solar Project to Allianz Capital Partners, one of the Allianz Group's asset managers for alternative equity investments.

Key Points: 
  • Today, Avantus ( formerly 8minute ) announced it has completed the sale of the 147-megawatt (MWdc) Galloway 2 Solar Project to Allianz Capital Partners, one of the Allianz Group's asset managers for alternative equity investments.
  • Following the acquisition of the Lotus Solar Farm in 2019, this is the second transaction between Avantus and Allianz Global Investors.
  • Allianz Capital Partners is one of the Allianz Group's asset managers for alternative equity investments and part of Allianz Global Investors.
  • Allianz Capital Partners manages over 56 billion euros in alternative assets for the Allianz Group and third-party investors*.