Amarenco, one of the main European players in renewable energies based in Lagrave, in Tarnannounced the finalization debt financing of 500 million eurosintended to develop solar infrastructures in several European countries. This international fundraising, concluded with the support of a consortium of lenders including Intesa Sanpaolo Bank Luxembourg, Rabobank, Santander Corporate & Investment Banking et Berenbergmarks a decisive step to strengthen Amarenco's role in the transition to more sustainable energy.
“An ambitious roadmap”
Frédéric Maenhaut, deputy general manager, explains:
“We are delighted to conclude with our financial partners this unique and pioneering operation in terms of its size and geography. This step is part of our ambitious roadmap for growth in solar and storage, with the aim of contributing to the acceleration of the production of regenerative and controllable electrons. »
Solar projects across Europe
The financing obtained will be dedicated to the construction of new solar projects in Spain, Portugal, Ireland and Austria. It will also make it possible to refinance certain existing debts, thus offering Amarenco increased financial flexibility to maintain its growth momentum. Additionally, an unengaged accordion of 150 million euros is also planned, allowing the company to respond quickly to new opportunities. According to Alain Desvigne, CEO of Amarenco, “this marks a key step in the implementation of our ambitious growth strategy. It supports our vision of producing, storing and providing regenerative energy across Europe. We thank our financial partners for their trust and commitment. »
This financing facility represents an important step forward for de-risk company projects and better control construction schedules, thus consolidating Amarenco as a major player in renewable energies in Europe.
Large-scale green energy
Amarenco currently manages a portfolio of 650 MW of installed solar capacity, while actively developing a multi-GW pipeline across Europe, notably in France, Ireland, Spain, Portugal and Austria. This dynamic confirms the company's commitment to large-scale, green energy production.
Through this financing, Amarenco stands out for its innovative structuring, supported by a strong commitment from lenders. This initiative represents a strategic lever allowing Amarenco to accelerate the deployment of its solar infrastructures et to strengthen its positioning as an independent energy producer. Charles Cadoux, Amarenco's investment director, underlines that “this structuring financing demonstrates Amarenco's commitment to the energy transition. It will support the rapid growth of our business in several key markets in Europe, while strengthening our position as a leading IPP (Independent Power Producer). »
