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AllianzGI Takes Majority Stake in 2.6 GW German Battery Storage Platform to Strengthen Grid Stability
Energy, Mergers & Acquisitions
AllianzGI Takes Majority Stake in 2.6 GW German Battery Storage Platform to Strengthen Grid Stability
ESG News Editorial Team April 27, 2026

Allianz Global Investors has acquired a 51% stake in Green Energy Storage Initiative, securing control of one of Germany’s largest utility-scale battery storage portfolios currently under development. The platform, known...

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