Amarenco Crowdfunds 610MWp French Solar

• Amarenco is raising EUR 8 million to build a 610-MWp solar park portfolio in France - 1,337 PV projects from 35 kWp to 30 MWp, completed by 2029 and producing 758 GWh annually. Invest in clean energy with Amarenco's crowdfunding campaign!

Independent solar energy producer Amarenco is seeking to raise EUR 2 million to construct a 610-MWp portfolio of solar parks in France. Through a crowdfunding campaign, the Franco-Irish developer aims to raise up to EUR 8 million that will be allocated to 1,337 PV projects with individual capacities ranging from 35 kWp to 30 MWp, including rooftop arrays, ground-mounted plants, solar shades, shelters and greenhouses. The solar parks are expected to be completed between 2023 and 2029, producing 758 GWh annually. In March, Amarenco raised EUR 300 million from Arjun Infrastructure Partners to back its growth as an independent power producer.

Can Amarenco Raise EUR 8 Million to Construct 610-MWp Solar Parks in France?

• Amarenco will use the EUR 8 million to finance the construction of the 610-MWp portfolio of solar parks, which will be located across France.
• The portfolio includes 1,337 PV projects with individual capacities ranging from 35 kWp to 30 MWp, including rooftop arrays, ground-mounted plants, solar shades, shelters and greenhouses.
• The solar parks are expected to be completed between 2023 and 2029 and have the capacity to produce 758 GWh of electricity per year.
• In March, Amarenco raised EUR 300 million from Arjun Infrastructure Partners to back its growth as an independent power producer.
• The EUR 8 million raised through the crowdfunding campaign is a key factor in Amarenco’s ability to construct the 610-MWp portfolio of solar parks.
• Amarenco’s crowdfunding campaign will be appealing to ethical investors looking for a sustainable and profitable opportunity.
• The solar parks are expected to provide a significant economic benefit to the local communities in which they are built.