Amarenco secures €130M preferred equity financing from Arjun Infrastructure Partners
Solar IPP Amarenco secured a €130 million preferred equity financing from its shareholder Arjun Infrastructure Partners in December 2025. This initial tranche, part of a two-step operation with a second tranche expected in 2026, aims to accelerate Amarenco's growth trajectory towards 3 GW of installed capacity by 2030 and achieve structural financial autonomy within two years. BNP Paribas is acting as financial advisor for the operation, which will support Amarenco's expansion in solar PV and battery storage solutions across Europe.
Counterparts (3)
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- €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.
Source Intelligence
The financing is a preferred equity tranche. It is the initial tranche of a two-step operation, with a second tranche expected in 2026. The financing aims to accelerate Amarenco's growth trajectory towards 3 GW of installed capacity by 2030 and achieve structural financial autonomy within two years. Amarenco aims to reach 1 TWh of annual production, supported by over 1 GW of installed capacity, to achieve financial autonomy. Amarenco delivered over 600 GWh of energy in 2025 and has 94 MW of battery storage (188 MWh for two hours of storage). Amarenco plans to accelerate the deployment of flexibility solutions by systematically integrating storage across its European geographies (Ireland, Austria, Spain, Portugal, and France). Arjun Infrastructure Partners is an infrastructure fund management company founded in 2015, managing over €7.6 billion in assets, with offices in London and Paris.
"L’IPP solaire Amarenco annonce avoir levé 130 M€"
"auprès de son actionnaire Arjun Infrastructure Partners via une tranche de preferred equity."
"avec le support de BNP Paribas comme conseil financier."
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