Category: Category 2

It is with great sadness that we announce the sudden passing of our Chairman, John Mullins. As a co-founder of Amarenco, alongside Alain Desvigne, he was a visionary entrepreneur and a passionate climate protection advocate.

John held executive roles within Amarenco until the end of 2024, driving the business forward in the face of many challenges. His dedication, vision, and values have left a lasting mark and will continue to guide our company into the future.

John will be greatly missed by all within our business, and our industry, for his leadership and friendship. Our business is stronger because of him and we remain fully committed to ensuring our continued success with the same passion and dedication.

We wish to extend our heartfelt condolences to John’s family, friends and colleagues at this very sad time.

We are delighted to announce the arrival of Declan Cullinane as Managing Director, Amarenco Ireland, leading our growth in solar and energy storage project development.

Declan brings extensive and outstanding commercial and technical experience in the renewable energy sector, along with a recognized expertise in large-scale project management and in financial engineering. His leadership will be instrumental in strengthening our Irish market position and driving our commitment to a sustainable energy transition toward regenerative electricity.

☀️ A major step forward for renewable energy in Europe!

We are thrilled to announce that Amarenco has successfully secured a €500 million multi-country portfolio financing package to advance solar infrastructure projects across Europe.

Supported by leading financial partners, including Intesa Sanpaolo Bank Luxembourg, Rabobank, Santander Corporate & Investment Banking, and Berenberg, this financing will enable us to:

➡️ Construct solar projects in Spain, Portugal, Ireland, and Austria .

➡️ Refinance existing debt, ensuring sustainable growth.

➡️ Strengthen our position as a key player in the European renewable energy sector.

With an additional €150 million accordion facility, this innovative financing structure reflects our long-term commitment to producing, storing, and delivering regenerative energy solutions across Europe.

🗣️ “This transformative facility is a cornerstone of our ambitious growth strategy,” says Alain Desvigne, CEO of Amarenco. “It empowers us to deliver on our vision of accelerating clean and controlled renewable energy across the continent.”

We remain dedicated to building a better future, with a robust portfolio of 650 MW in operation and a multi-GW pipeline in development.

Together with our partners and stakeholders, we are driving forward the energy transition.

Amarenco’s ECHO program selected as a high-integrity biodiversity credits pilot by International Advisory Panel on Biodiversity Credits !

The ECHO program aims to promote environmental and social engagement through projects focused on ecological regeneration and community support, integrating biodiversity and sustainable development into corporate practices. 🙌 We are delighted to announce that ECHO has been chosen as a pilot by the IAPB and has been presented at the COP16 Colombia. This recognition underscores our commitment to true biodiversity restoration through a rigorous, high-integrity framework—distinguishing real impact from greenwashing. Supported by the French and UK governments, represented by Sylvie Goulard and Dame Amelia Fawcett DBE, CVO, the IAPB’s standards align with our mission to restore ecosystems around our solar sites and support the shift to agroecology. Together, we are advancing a regenerative path that brings energy and biodiversity into harmony. 🌿

Amarenco has secured nearly 30 MW of solar projects in Ireland through the RESS 4 auction!

We are excited to announce that we won 5 new solar projects under Ireland’s fourth Renewable Electricity Support Scheme (RESS 4), located in Midleton, Ennistymon, Cobh, Timoleague, and Carrigaline, totaling 29.84 MW. This follows our previous success of securing 45 MW under RESS 2. 🌱 The Renewable Electricity Support Scheme (RESS), a Government of Ireland initiative, is crucial in achieving Ireland’s goal of 80% renewable electricity by 2030. The scheme not only supports renewable projects but is also a cornerstone of Ireland’s Climate Action Plan 2021 and the Programme for Government. We are thrilled to be contributing to a greener future, helping to meet Ireland’s ambitious climate targets. RESS plays a pivotal role in laying the foundation for a thriving, cost-effective renewable electricity market that drives economic growth, creates sustainable jobs, and ultimately benefits consumers as renewable energy becomes more affordable. A special thanks to the entire Amarenco Ireland team for their incredible support and dedication in bringing this achievement to life!

Amarenco reaches the milestone of half a gigawatt of installed electric power in Europe in less than four years, and aims to achieve one gigawatt within two years.

Alain Desvigne, CEO of Amarenco : « These 500 MW are a great milestone, but I would also like to take this opportunity to highlight the significant growth of our entire customer portfolio (communities, industries, farmers… for whom we imagine and build solutions tailored to their needs and ambitions). Besides these 500 MW in service, we have 250 MW currently under construction, 350 MW ready to build, and 2,700 MW in advanced development. »

We set ambitious goals, aiming to play a key role in the global energy transition while committing to ecological regeneration : in 2050, we aim to reach 25 GW of installed capacity, while committing to becoming a regenerative company.

Our ESG strategy is aligned with our 2030-2050 vision and prepares us to comply with the 2025 Corporate Sustainability Reporting Directive (CSRD), and more widely with upcoming global environmental and social challenges.

Here’s our 2023 Sustainability report, an important step in our sustainability journey, which doesn’t just stop at reducing emissions, but aims to actively regenerate ecosystems by integrating regeneration into our day-to-day business as a way to create environmental and economic value.

We are delighted to share it with you now

Agri-voltaic systems, which combine agriculture and photovoltaic energy, have evolved rapidly and are set to continue growing, especially in cross-border areas which are ideally located for renewable energy. Although these systems offer many benefits, such as decarbonising the economy and strengthening rural economies, a lack of knowledge is holding back their full potential. The AgriPower project aims to develop intelligent systems to optimise the efficiency of agrivoltaic installations by maintaining the focus on agricultural activity while integrating energy production. It includes detailed monitoring of agricultural and livestock variables and pilot trials, as well as support for producers and policy recommendations for the energy transition and agricultural viability.

The Agripower project, with which Amarenco is associated, is supported by :

Spain side

Instituto Vasco de Investigacion y Desarrollo Agrario (NEIKER)

Instituto de Investigacion y Tecnologia Agroalimentarias (IRTA)

Instituto Navarro de Tecnologias e Infraestructuras Agroalimentarias

Government of Navarre (GNAV)

Universidad del Pais Vasco (UPV)

France side

Pyrénées-Atlantiques Chamber of Agriculture (CDA64)

Dordogne Chamber of Agriculture (CDA24)

DERBI competitiveness cluster

Agri South-West Innovation

Amarenco Construction

INDARKI

AMARENCO will play a crucial role in analysing cross-border development opportunities in the photovoltaic sector, advising on pilot actions to optimise technological performance. In addition, the company will coordinate a personalised support system for producers interested in agrivoltaic systems, with a multidisciplinary approach involving agricultural producers, research bodies, technology companies and energy distributors.

Our great team in Portugal is making fast and good progress! We just injected the first kWh of energy into the national distribution grid. This is a crucial milestone for us and for a greener future… but certainly not the last!

Big thanks to everyone involved at Amarenco (Elsa Ferreira, Liliana Figueiredo, Fábio Oliveira, Rui António, António Cruz, David Dos Santos and Jose Maria Lozano) and to our partners (EnergyCon, Insun-GW, Skyray et Triple Watt) who led to the successful connection of our first 1 MW solar plant in Portugal.

“For the overseas territories, this no longer time for contemplation, but for action. We must turn challenges into opportunities, isolation into strength, and each project into a step forwards reconciling humanity with its one and only home, the earth”

With these introductory words, we would like to welcome you to our Invest in Regeneration mini Mag, which is the voice and viewpoint of the regions in which Amarenco operates. Its aim is to publicise and share the realities and specific features of these regions, combining them with our regenerative vision and the progress of projects that showcase the energy model we want to transform.

The first issue is devoted to the French Overseas Territories through the voice and testimony of Laurent Pflumio. Other ambassadors will soon follow.

We hope that it will confirm to our employees and our various audiences all the potential that the company deploys to fulfil its mission as a Silent Change Maker on a daily basis.

We hope you enjoy reading it.