Eiffel Investment Group has committed an initial €150m as part of a €300m financing for renewable energy and storage platform Amarenco.
Amarenco is an independent power producer with over 400MW of operating assets. The company is also integrated across the value chain of development, construction, operation and asset management.
This strategic financing transaction marks the eighth partnership between Amarenco and Eiffel Investment since 2018.
Over the past two years, Amarenco has been working on the rationalisation of its financing strategy through the implementation of large-scale platform senior financings.
Amarenco stated that “this new junior HoldCo financing aims to further optimise its capital structure, decrease the financing costs and ease the cash circulation within the group”. It will also support the accelerated deployment of its renewable energy and storage projects across Europe, the company added.
Frédéric Maenhaut, CEO, said: “We are delighted to continue and strengthen our partnership with Eiffel and we thank them for their renewed trust.
“This transaction, following the major senior debt financings completed in 2025, marks an important milestone in the industrialisation and acceleration of Amarenco’s development, in line with our 2030 roadmap.”
Charles Cadoux, Amarenco’s CIO added that over the past 12 months it has secured over €1bn “from Tier 1 European financial institutions”.
“Both the scale and the pace of these financings demonstrate Amarenco’s ability to accelerate its industrialisation and continuous growth, especially in a challenging macroeconomic environment, Cadoux said.
Pierre-Antoine Machelon, head of infrastructure, Eiffel Investment Group, said: “We are pleased to support Amarenco’s management team and shareholders in the implementation of their ambitious growth strategy. This financing will support the accelerated development and construction of their European asset portfolio.
“Eiffel’s expertise in structuring HoldCo financings of more than €100m is fully aligned with the growth strategy of European independent power producers such as Amarenco. »
Roman Londner, director, Eiffel Investment Group, said this financing, which covers Amarenco’s photovoltaic and battery storage assets across its key geographical areas (France, Iberian Peninsula, Austria and Ireland) “is strategically important for both Amarenco and Eiffel”.
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