About Amarenco
Amarenco is a company based in Cork (Ireland) founded in 2013. It operates as a Green Energy-as-a-Service, and Professional Services. Amarenco has raised $523.29 million across 6 funding rounds from investors including Crédit Agricole, Tikehau Capital and Arjun Infrastructure. Amarenco has completed 3 acquisitions, including SYNERGETIK, SolarizEgypt and Spectrum Renewable. Amarenco offers products and services including Photovoltaic Solutions, Energy Management Solutions, and IoT Energy Solutions.
- Headquarter Cork, Ireland
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Amarenco France
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$523.29 M (USD)
in 6 rounds
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Latest Funding Round
$321.5 M (USD), Series D
Mar 15, 2023
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Investors
Crédit Agricole
& 6 more
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Employee Count
Employee Count
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Investments & Acquisitions
SYNERGETIK
& 2 more
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Products & Services of Amarenco
Amarenco offers a comprehensive portfolio of products and services, including Photovoltaic Solutions, Energy Management Solutions, and IoT Energy Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Solar energy solutions are provided for various applications.
Energy management systems are offered for optimized usage.
IoT-based energy solutions are developed for efficiency gains.
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Funding Insights of Amarenco
Amarenco has successfully raised a total of $523.29M across 6 strategic funding rounds. The most recent funding activity was a Series D round of $321.5 million completed in March 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series D — $321.5M
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First Round
First Round
(01 Mar 2016)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Series D - Amarenco | Valuation | Arjun Infrastructure , Credit Agricole | |
| Nov, 2020 | Amount | Series C - Amarenco | Valuation | Tikehau Capital , IDIA Capital Investissement |
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| Oct, 2020 | Amount | Debt – Conventional - Amarenco | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Amarenco
Amarenco has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Crédit Agricole, Tikehau Capital and Arjun Infrastructure. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Debt and equity investments are managed by the private fund.
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Founded Year | Domain | Location | |
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Buyouts are targeted through private equity by IDIA Capital Investissement.
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Founded Year | Domain | Location | |
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Regional capital investment services are provided by SOFILARO CALEN.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Amarenco
Amarenco has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include SYNERGETIK, SolarizEgypt and Spectrum Renewable. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Unlocking Egypt's unrealized solar potential
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2013 | ||||
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EPC and maintenance services for solar PV systems are offered.
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2012 | ||||
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Solar planning and designing services are provided by SYNERGETIK.
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2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Amarenco
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Amarenco Comparisons
Competitors of Amarenco
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Amarenco
Frequently Asked Questions about Amarenco
When was Amarenco founded?
Amarenco was founded in 2013 and raised its 1st funding round 3 years after it was founded.
Where is Amarenco located?
Amarenco is headquartered in Cork, Ireland.
Who is the current CEO of Amarenco?
Olivier Carre is the current CEO of Amarenco.
Is Amarenco a funded company?
Amarenco is a funded company, having raised a total of $523.29M across 6 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $14.23M, raised on Mar 01, 2016.
What does Amarenco do?
Amarenco is established as an independent producer of solar energy, focusing on decarbonization and transformation of economic models. Operations are conducted with a geo-strategic approach of local and targeted actions across Europe and beyond. Solutions in photovoltaic energy, energy management, and IoT are provided to diverse clients. Commitment to sustainability is emphasized through alignment with the Paris Agreement. Growth is pursued through partnerships and acquisitions sharing the vision of regeneration. Projects are developed with high expertise, aiming for significant capacity targets by 2026, 2030, and 2050.
What products or services does Amarenco offer?
Amarenco offers Photovoltaic Solutions, Energy Management Solutions, and IoT Energy Solutions.
How many acquisitions has Amarenco made?
Amarenco has made 3 acquisitions, including SYNERGETIK, SolarizEgypt, and Spectrum Renewable.
Who are Amarenco's investors?
Amarenco has 7 investors. Key investors include Crédit Agricole, Tikehau Capital, Arjun Infrastructure, IDIA Capital Investissement, and Cantor Fitzgerald Ireland.