About Amarenco
Amarenco is an Energy & Utilities company based in Cork (Ireland) founded in 2013. Independent solar power is produced and developed by Amarenco. It operates on a Green Energy-as-a-Service and Professional Services model. 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. Its chief executive, as recorded, is Olivier Carre. Amarenco offers products and services including Photovoltaic Solutions, Energy Management Solutions, and IoT Energy Solutions. Its focus areas include Energy, Renewable Energy and Solar Power. Its legal entity is Amarenco France.
Company details
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.
- Headquarters Cork, Ireland
- SectorsEnergy & Utilities
- Email••••••••
- Website amarencogroup.com/fr
- Social LinkedIn X Facebook
- Legal Name Amarenco France
- Total Equity Funding$523.29M (USD)
in 6 rounds
- Latest Funding Round$321.5M (USD), Series D
Mar 2023
- InvestorsCrédit Agricole
& 6 more
- Investments & AcquisitionsSYNERGETIK
& 2 more
Products & Services of Amarenco
Amarenco offers a comprehensive portfolio of products and services, including Photovoltaic Solutions, Energy Management Solutions, and IoT Energy Solutions.
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.
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 $523.29M
- Total Rounds 6
- Last Round Series D — $321.5M
- First Round $7.64M
(Mar 2016)
- Investors Count 7
All 6 funding rounds of Amarenco with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2023 | $321.5M | Series D | – | Arjun Infrastructure, Credit Agricole | |
| Nov 2020 | $177.92M | Series C | – | Tikehau Capital, IDIA Capital Investissement | – |
| Oct 2020 | $14.23M | Debt – Conventional | – | – | |
| Apr 2020 | $16.23M | Series B | – | SOFILARO, IDIA Capital Investissement | – |
| Mar 2016 | $7.64M | Series A | – | – | – |
| Mar 2016 | $13.09M | Debt – Conventional | – | – | – |
7 investors in total: 7 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Debt and equity investments are managed by the private fund. | 2013 | tikehaucapital.com | London, United Kingdom | |
Buyouts are targeted through private equity by IDIA Capital Investissement. | ca-idia.com | Montrouge, France | ||
Regional capital investment services are provided by SOFILARO CALEN. | sofilaro.fr | France | ||
| gsocapital.com | ||||
Independent firm managing infrastructure investments in utilities, energy, and renewables sectors. | arjuninfrastructure.com | |||
Crédit Agricole is recognized as a leading banking institution in France. | 1894 | credit-agricole.com | Montrouge, France | |
Cantor Fitzgerald Ireland is engaged in wealth and asset management. | cantorfitzgerald.ie |
Investor details for Amarenco
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Amarenco
32 people are tracked at Amarenco (10 in leadership, 22 in team).
| Name | Role | Group |
|---|---|---|
Olivier Carre | CEO | Leadership |
Pying Huan Wang | Group Head Of Investment Stewardship | Head Of Investment Asia Pacific | Leadership |
Alain Desvigne | Chief Executive Officer/Co-Founder | Leadership |
Stéphan Truchot | Chief Financial & Legal Officer | Leadership |
Samuel Jerome | Group COO | Leadership |
Siobhán Rice | Head Of Finance | Leadership |
Patrick Glasheen | Head Of Financial Reporting & Control | Leadership |
Freddy Gastineau | Head Of Investment France & Special Projects | Leadership |
Bernardo Mota Veiga | Chief Power Revenues Officer (cpro) | Leadership |
Eva Vandest | Director Of Public Affairs | Leadership |
Oriane Henon | HRBP | Team |
Pollianna Fernandez | Corporate Legal | Team |
Jihad Baghdad | Responsable Du Contrôle De Gestion | Team |
Lauriane Pontie | Chargée D’affaires | Team |
Kevin Fabre | Contrôleur De Gestion | Team |
Jacques M. | Business Processing And Operational Efficiency | Team |
Elisabeth Lelievre | CPOO | Team |
Florent Berthoud | Responsable Achats - Purchasing Category Manager | Team |
Mohammad Maabreh | Regional Financial Controller | Team |
Mélanie Escaffit | Chargée D'exploitation | Team |
12 more people are available in the full profile.
Complete people profiles for Amarenco
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Amarenco
Amarenco has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include SYNERGETIK, SolarizEgypt and Spectrum Renewable.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
EPC and maintenance services for solar PV systems are offered. | spectrum-renewable.com | Amman, Jordan | 2012 | May 2023 | •••• | |
Unlocking Egypt's unrealized solar potential | solarizegypt.com | Cairo, Egypt | 2013 | Feb 2022 | •••• | |
Solar planning and designing services are provided by SYNERGETIK. | synergetik.fr | Montelimar, France | 2007 | Sep 2020 | •••• |
Complete acquisition details for Amarenco
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Amarenco
6 dated milestones of Amarenco across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Amarenco is founded.
- Funding First funding round of $7.6M.
- Acquisition Acquires SYNERGETIK.
- Acquisition Acquires SolarizEgypt.
- Funding Latest funding round, Series D, of $321.5M.
- Acquisition Acquires Spectrum Renewable.
Web traffic of Amarenco
The website of Amarenco (amarencogroup.com) receives about 2.8K visits a month.
- Monthly visits2.8K
▲ 109.1% vs previous month
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Frequently Asked Questions about Amarenco
Amarenco was founded in 2013 and raised its 1st funding round 3 years after it was founded.
Amarenco is headquartered in Cork, Ireland.
Olivier Carre is the CEO of Amarenco, as recorded in our data.
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 Series A of $7.64M, raised on Mar 2016.
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.
Amarenco offers Photovoltaic Solutions, Energy Management Solutions, and IoT Energy Solutions.
Amarenco has made 3 acquisitions, including SYNERGETIK, SolarizEgypt, and Spectrum Renewable.
Amarenco has 7 investors. Key investors include Crédit Agricole, Tikehau Capital, Arjun Infrastructure, IDIA Capital Investissement, and Cantor Fitzgerald Ireland.
Amarenco operates through Amarenco France.