Talanx invests in sustainable educational facility in Austria

Written by Michael Griffiths

03/04/2025

The Talanx Group has announced a “double-digit million” investment to finance a sustainable vocational school building in Vienna.

Total investment for the project will amount to around €200m.

Following Talanx’s participation in Austria’s largest renewable energy project finance deal, it has now also become a finance partner for the country’s largest new school construction project to be implemented via a public-private partnership. Construction will start in April 2025 and is scheduled to be completed in 2028.

The German insurer said its investment underscores the emphasis it places on ESG criteria in its investment policy and its readiness to directly finance public infrastructure projects.

Talanx, which is part of a consortium, is investing in the debt transaction via Ampega Asset Management GmbH – a Talanx AG subsidiary based in Cologne.

Chief financial officer of Talanx AG, Jan Wicke, said: “By financing the construction of a modern vocational school building, we are supporting both environmental and social sustainability. This reinforces our ESG-based investment policy.

“This project finance deal is the first time that institutional investors have participated directly in a tendered school project in Austria. We are proud to be contributing our expertise and partnership-based approach by investing in this exciting project and helping the City of Vienna with its implementation.

“This is an excellent example of how public and private investors can work together successfully on sustainable infrastructure projects.”

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