Amarenco, founded in Ireland in 2013, is a company committed to renewable energy, particularly photovoltaic solar power, with a gradual expansion into energy storage.
Its name, inspired by the amaranth flower, symbolises resilience and vitality. Over time, Amarenco has successfully evolved from an investment manager to an independent power producer (IPP), establishing a strong presence across Europe, including Spain, Portugal, Ireland, and France, with flagship projects such as the Claudia storage facility.
Between 2020 and 2025, Amarenco raised €630 million to support its international growth through acquisitions and partnerships. In 2020, the company launched the ECHO program, embodying its commitment to regeneration, further strengthened by the Butterfly program in collaboration with AXA Climate. In 2024, Amarenco signed its first regenerative Corporate Power Purchase Agreement (CPPA), linking revenue generation with ecosystem restoration.
As of today, Amarenco is entering a large-scale industrialisation phase, aiming for self-financing through power revenues, financial engineering, and capital recycling.
The company currently operates over 600 MW and has a total operating and secured* portoflio of 1.3 GW.
* Gross weighted capacity for operating, under-construction, and ready-to-build assets
Understanding our impacts: In 2025, although not subject to the CSRD, Amarenco conducted its Double Materiality Analysis.
Consolidation of strategic developments in 2024: ambitious expansion of our European presence and our storage activities.
Increase in internal expertise in regeneration and agrisolar in order to accelerate the deployment of the ECHO programme.