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 onlyground mounted, carpark androoftops, but also agrisolar, an infrastructurethat 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