The Swiss news service, Romandie.com, reported that the German reinsurer Munich Re plans to boost the profitability of its financial investments by investing billions of euros in renewable energy sector, according to an interview published Saturday.
“We want in the next three to five years to develop our investments totaling 2.5 billion euros in renewable energy sector,” Thomas Blunck, member of the management group, is reported to have said in an interview with WirtschaftsWoche magazine.
With a 1% return on German bonds over 10 years, it makes sense to opt for alternative investments with stable returns, Mr. Blunck said, adding that Munich Re’s investments in the sector now stands at 600 million euros.
Energy in Demand - Sustainable Energy - Rod Janssen 
One thought on “Munich Re will invest several billion euros in green energy”