Amarenco secures €130M preferred equity financing from Arjun Infrastructure Partners
Type: Financing · Technology: Solar · Country: France · Value: $130M · Announced: 2026-03-13
Amarenco secured €130M in preferred equity financing from Arjun Infrastructure Partners to fund the development and construction of its multi-gigawatt portfolio of solar and battery storage projects across Europe.
Analysis
Amarenco just secured €130 million in preferred equity from its existing shareholder, Arjun Infrastructure Partners, a significant move for the independent power producer. This initial tranche, part of a two-step financing, aims to accelerate Amarenco's push towards 3 GW of installed capacity across Europe by 2030, focusing on solar PV and battery storage. The December 2025 deal is also designed to bring Amarenco structural financial autonomy within two years, with a second tranche slated for 2026. BNP Paribas advised on the operation.
Key points
- €130M initial preferred equity tranche.
- Financing from existing shareholder Arjun Infrastructure Partners.
- Targeting 3 GW installed capacity by 2030.
- Aims for structural financial autonomy within two years.
Counterparties
- Arjun Infrastructure Partners (Lender)
- Amarenco (Borrower)
- BNP Paribas (Advisor)