Turnover: 42 million EUR (2019)

Country: Ireland

  • An independent energy producer, Amarenco Group was created in 2018 following the merger of two complementary companies:
    • Méthode Carré, a French engineering and project management firm founded in 2008 by Olivier Carré to design photovoltaic projects and support investors interested in this sector.
    • Amarenco, created in 2013 in Ireland by Alain Desvigne and John Mullins, to finance and develop infrastructures around renewable energies, particularly in France and Ireland.
  • Amarenco Group has grown by leaps and bounds, expanding to 3 continents in just 3 years and raising €165m from renowned investors in 2020.

News

Amarenco inaugurates a solar power plant on water and land 29/09/2023

  • Franco-Irish photovoltaic electricity producer Amarenco has inaugurated France's first "hybrid" solar power plant in Montpezat d'Agenais, Lot-et-Garonne, with a capacity of 4.8 megawatts peak, will produce 6.2 gigawatt-hours per year
  • Amarenco has been awarded a power purchase agreement by EDF for 20 years at a guaranteed tariff.
  • Founded in 2013 in Ireland, Amarenco acquired the Méthode Carré design office in Lagrave (Tarn) in 2017
  • The group has an installed photovoltaic capacity of 400 megawatts, including 320 MW in France, with the remainder in Spain, Portugal, Egypt, Singapore and Thailand
  • The same amount is under construction in a dozen countries
  • The group raised 300 million euros in March. It posted sales of 42 million in 2019, and employs 220 people, including 170 in France.

Solar power plants: Amarenco raises $300 million from Arjun Infrastructure | Arjun invests $300 million in Amarenco Solaire 14/03/2023

Key figures -

  • Founded in 2013 in Cork, Ireland
  • 400 megawatts of energy installed, 70% in France
  • Target of 500 megawatts per year and 2 gigawatts by the end of 2025
  • Sales of €42 million in 2019
  • 200 employees and 50 new hires planned this year

The Franco-Irish photovoltaic power producer has just raised 300 million euros from the British fund Arjun Infrastructure Partners

It had already raised 150 million in 2020 from Tikehau Capital and Idia Capital, who remain shareholders

It develops and operates rooftop and ground-mounted solar power plants for agriculture, real estate, industry and local authorities

It will cover 200 Decathlon stores in China and 80 in India with solar power plants

Six hundred farms have been installed in France for 50 fruit and vegetable species