Amarenco raises 300 million euros to support its growth as a solar ipp and storage energy player
🆕 We just completed a new round of capital raising for 300 m€ that allows Arjun Infrastructure Partners to acquire a minority stake in Amarenco. 🤝
👉 Arjun Infrastructure joins, alongside a pool of investors from the Groupe Crédit Agricole, Tikehau Capital, an alternative asset management group, which has made a significant contribution to Amarenco’s growth since 2020.
Amarenco has acquired 100% of Infracapital’s portfolio of assets in Infram Energy (owner of ground- and roof-mounted PV solar panels).
This acquisition reinforces our desire to support and increase an already exceptional dynamic which, among other things, has enabled :
The construction of a stable yielding portfolio of 220 sites with a capacity of over 125MW from initial operational portfolio of 19MW
The management and grew of a strong pipeline of assets which currently stands at c.50.4MW
The production of 131.5GWh of clean energy over 2021, powering one million French households for over 131 hours and avoiding 6,328 tons of CO2 emissions
We would like to thank Infracapital and Infram for their trust and their shared vision regarding the changing needs of our society related to the decarbonisation and securing of energy, in France and throughout the world.
For further information : https://www.infracapital.co.uk/news/2023/infracapital-agrees-the-sale-of-french-solar-pv-platform-infram-to-amarenco
GSC’s top management is further strengthened through the appointment of prominent experts from Amarenco and ISES
The Global Solar Council (https://www.globalsolarcouncil.org) is the voice of the world’s solar energy industry, a non-profit body based in Washington D.C. representing national, regional and international associations as well as leading solar sector corporations.
Founded at the 2015 Paris climate conference as a private-sector response to the climate emergency, the Global Solar Council brings together associations from both established and emerging markets that represent companies all along the solar supply chain.
👏 Huge congrats to Eva Vandest, Amarenco’s Head of Public Affairs who was recently elected Vice-Chair of Global Solar Council!
💡 Amarenco together with Global Solar Council members aim at boosting the association at the next level to be the a worthy representative of a #Solar industry and Solar corporates which are contributing globally to achieve the ambitious objectives and provide the energy that we all need everyday.
“As Vice-Chair of Global Solar Council I will aim to support the next development of Solar at a global level and contribute to the most important passage of our century with passion through a political, legal and strategic contribution of influence.”
For further information : https://www.globalsolarcouncil.org/gscs-top-management-is-further-strengthened-through-the-appointment-of-prominent-experts-from-amarenco-and-ises/
