We were delighted to advise our client Amarenco Solar Limited, a Cork-based independent renewable energy power company through two of their most recent deals. They acquired Infracapital’s 90% stake in Infram Energy Limited. Infracapital is the infrastructure equity investment arm of M&G Plc and Infram Energy Limited is a renewable energy investment platform.
Amarenco also completed a fund-raising round of €300 million to support the company’s growth. This fund-raising allows Arjun Infrastructure Partners to acquire a minority stake in Amarenco. Arjun Infrastructure joins, alongside a pool of investors from the Groupe Crédit Agricole, Tikehau Capital, an alternative asset management group, which has made a significant contribution to Amarenco’s growth since 2020.
It has been a very busy and exciting start to 2023 here in Amarenco between completing our most recent fund-raising round and the acquisition of a large stake in Infram Energy. Holmes have been with us every step of the way through both of these deals and continuously provide us with excellent legal advice, insight and practical support.
John Mullins, Executive Chairman of Amarenco