Corporate

Company Profile

A European IPP

Founded in Ireland in 2013, Amarenco is an independent and innovative company specializing in renewable energy, with a core focus on photovoltaic solar power and a strategic expansion into energy storage.

Full Project Lifecycle Management

Amarenco focuses on distributed energy and utility-scale projects, managing them from start to finish – from conception, development, financing, and construction to long-term operation. We take a portfolio approach, managing assets throughout their lifetime and optimising both the energy stored and the energy produced.

Geographical Presence

Amarenco operates in five regions across Europe: France, Ireland, Spain, Portugal, and Austria. The company brings together over 200 employees of 25 different nationalities.

Core Activities

Amarenco’s business is structured around two main activities:

1. Photovoltaic Solar Power

Production of low-carbon, competitively priced electricity based on distributed energy and utility-scale energy power plants. These include not only  ground mounted, carpark and  rooftops, but also agrisolar, an infrastructure  that combine agriculture with solar energy production, delivering shared benefits for farmers, energy producers, local communities, and the environment.

2. Energy Storage

Ensuring reliability, stability, and efficiency – essential for integrating high shares of intermittent renewables into the power grid.

Commitment and Vision

Amarenco promotes a regenerative approach, going beyond simple sustainability to actively restore and strengthen natural and social ecosystems. This is embodied in the company’s slogan:
“Invest in RE.Generation”, reflecting the ambition to generate renewable energy while regenerating living systems.

Strategy and Growth

• Amarenco raised €500 million between 2020 and 2022 to support international growth through acquisitions and partnerships.

• Launched the ECHO program in 2020, dedicated to regeneration, along with a partnership with AXA Climate through the Butterfly program.

• Signed its first regenerative CPPA (Corporate Power Purchase Agreement) in 2024 in Ireland (37 MW), linking revenue to ecosystem restoration.

• Already achieved over 600 MW of production capacity and secured a pipeline of 1.3 GW.

• Targets: 1 GW by 2026, 3 GW by 2030, and 25 GW by 2050.

Business Model

Amarenco has shifted in 2024 from a pure develop-to-own business model to a hybrid approach, i.e. successfully integrating recurring asset rotation and farm-downs.

Up to €500M

OF PROJECTS REACHING COD EVERY YEAR

500MW

OF ELECTRICITY PRODUCED ANNUALLY FROM PROJECTS UNDER CONSTRUCTION & IN OPERATION

+ 2 000

SOLAR AND SOLARISED INFRASTRUCTURES DEPLOYED TO DATE

10 GW

OF PROJECTS IN PROGRESS

6 GW

OF TOTAL PORTFOLIO SIZE

OWNER

OF ONE OF THE LARGEST STAND-ALONE STORAGE ASSET IN EUROPE

+ 200

EMPLOYEES

+ 25

NATIONALITIES