Overview

• Amarenco is a leading European solar developer, with an extensive existing portfolio of 165MW of operational solar projects and a further 200MW in construction and development
• The platform has reached a stage where transitioning the group from pure development to an IPP through strategic capital investment partnership is the most appropriate option

Approach

SDCL provided specialized strategic and financial advisory, including:

• Strategic review of European markets and projects to support a revised group strategy;
• Review of company’s existing financial structure and options for growth;
• Drafting of all front end corporate finance materials (teasers, CIMS, financial models)
• Running a competitive capital raising process and coordinating due diligence efforts;
• Supporting on ongoing project finance discussions with the banks;
• Support in negotiations and closing of capital financing

Outcome

• SDCL was able to deliver a successful outcome for Amarenco in a complex and competitive process to find a capital partner for their French, Irish and UK business plan
• Amarenco entered into a framework partnership with the European renewables investor Infracapital, that will enable Amarenco to continue to develop its renewable assets and the significant pipeline across Europe by investing over €1bn through the platform Infram Energy