Author: Ecoberac

For the very first time, our sustainability report is published on a website designed with sustainability in mind:

Rated A by the Website Carbon Calculator

Powered by renewable energy

here it is : sustainability2024.amarencogroup.com

Inside you will find:

• Our transition to a 100% power generation business model
• The development of ECHO, our regenerative program
• How we are empowering our teams through the Butterfly training program, raising awareness and skills on sustainability
• Our progress on climate commitments with SBTi and EU Taxonomy alignment
• Governance milestones including the integration of Regeneration at Executive Committee level

And because consistency matters, the website itself has been designed with sustainability in mind, rated A by the Website Carbon Calculator and powered by renewable energy.

Amarenco evolves its governance to support its strategic and regenerative roadmap: Alain Desvigne becomes President and Frédéric Maenhaut is appointed CEO 

In the context of a profound transformation of the European energy model and following the roadmap unveiled in September 2024, Amarenco—one of the key players in renewable energy production and storage in France, Ireland, Portugal, Spain, and Austria—is adapting its governance to fully support its ambitions for sustainable growth and regeneration. 

In response to the growing needs of all stakeholders—both internal and external—and to continue the transition from a co-founder-led governance to a more structural and collaborative approach based on its management team and broader involvement of all employees, while supporting its ambition to accelerate its regenerative trajectory, amarenco announces a new executive governance structure. 

It is with great sadness that we announce the sudden passing of our Chairman, John Mullins. As a co-founder of Amarenco, alongside Alain Desvigne, he was a visionary entrepreneur and a passionate climate protection advocate.

John held executive roles within Amarenco until the end of 2024, driving the business forward in the face of many challenges. His dedication, vision, and values have left a lasting mark and will continue to guide our company into the future.

John will be greatly missed by all within our business, and our industry, for his leadership and friendship. Our business is stronger because of him and we remain fully committed to ensuring our continued success with the same passion and dedication.

We wish to extend our heartfelt condolences to John’s family, friends and colleagues at this very sad time.

We are delighted to announce the arrival of Declan Cullinane as Managing Director, Amarenco Ireland, leading our growth in solar and energy storage project development.

Declan brings extensive and outstanding commercial and technical experience in the renewable energy sector, along with a recognized expertise in large-scale project management and in financial engineering. His leadership will be instrumental in strengthening our Irish market position and driving our commitment to a sustainable energy transition toward regenerative electricity.

☀️ A major step forward for renewable energy in Europe!

We are thrilled to announce that Amarenco has successfully secured a €500 million multi-country portfolio financing package to advance solar infrastructure projects across Europe.

Supported by leading financial partners, including Intesa Sanpaolo Bank Luxembourg, Rabobank, Santander Corporate & Investment Banking, and Berenberg, this financing will enable us to:

➡️ Construct solar projects in Spain, Portugal, Ireland, and Austria .

➡️ Refinance existing debt, ensuring sustainable growth.

➡️ Strengthen our position as a key player in the European renewable energy sector.

With an additional €150 million accordion facility, this innovative financing structure reflects our long-term commitment to producing, storing, and delivering regenerative energy solutions across Europe.

🗣️ “This transformative facility is a cornerstone of our ambitious growth strategy,” says Alain Desvigne, CEO of Amarenco. “It empowers us to deliver on our vision of accelerating clean and controlled renewable energy across the continent.”

We remain dedicated to building a better future, with a robust portfolio of 650 MW in operation and a multi-GW pipeline in development.

Together with our partners and stakeholders, we are driving forward the energy transition.

Amarenco’s ECHO program selected as a high-integrity biodiversity credits pilot by International Advisory Panel on Biodiversity Credits !

The ECHO program aims to promote environmental and social engagement through projects focused on ecological regeneration and community support, integrating biodiversity and sustainable development into corporate practices.

🙌 We are delighted to announce that ECHO has been chosen as a pilot by the IAPB and has been presented at the COP16 Colombia. This recognition underscores our commitment to true biodiversity restoration through a rigorous, high-integrity framework—distinguishing real impact from greenwashing.

Supported by the French and UK governments, represented by Sylvie Goulard and Dame Amelia Fawcett DBE, CVO, the IAPB’s standards align with our mission to restore ecosystems around our solar sites and support the shift to agroecology. Together, we are advancing a regenerative path that brings energy and biodiversity into harmony. 🌿

The Cierzo photovoltaic power plant (24.8 MWp) officially began injecting energy into Spain – our second plant to go live in just two weeks! 🇪🇸

On-site, our project manager Jorge Cardona García and the entire Operations & Engineering team celebrated this major achievement. From this point onward, all Amarenco projects in Spain are producing clean energy! Our production in Iberia-Spain now totals 156.8 MWp injected into the grid!
🇪🇸 Spain – 141.8 MWp (Naranjillas: 49.9 MWp + Esquedas, Altos, Guardian, Cierzo: 67.1 MWp)
🇵🇹 Portugal – 15 MWp

A huge thank you to the entire team for their hard work! We’re excited to continue this momentum and bring even more projects to life.

Let’s keep building a greener future, together!