Amarenco Energized by €188M Financing for Solar Projects
Deal News | Apr 11, 2025 | Bryan Cave Leighton Paisner LLP
Bryan Cave Leighton Paisner LLP (BCLP), a prominent legal firm, has facilitated a significant financial transaction, advising major banks including Caisse d'Epargne CEPAC, BPCE Lease Energeco, and Bpifrance on a €188 million financing deal for Amarenco. Amarenco is a leading independent photovoltaic energy producer in Europe, focused on infrastructure that integrates photovoltaic electricity with potential battery storage solutions. The financing, co-arranged by these financial institutions, is earmarked for the development of 500 photovoltaic projects across France, including solar rooftops and ground-mounted power plants. The BCLP legal team, led by Partner Cyrille Rumen and Associate Claire Poirot, played a crucial role in the transaction.
Sectors
- Renewable Energy
- Corporate Finance
- Banking
Geography
- France – The financing is for photovoltaic projects across France, making this a significant geographical focus.
- Europe – Amarenco is identified as a leading independent photovoltaic energy producer in Europe, indicating a broader regional interest.
Industry
- Renewable Energy – The article focuses on Amarenco, a photovoltaic energy producer, which operates within the renewable energy sector.
- Corporate Finance – BCLP advised the banks on the financing structure, highlighting the corporate finance aspect through legal advisories.
- Banking – The involvement of Caisse d'Epargne CEPAC, BPCE Lease Energeco, and Bpifrance in the financing deal places the article within the banking sector.
Financials
- €188 million – The financing amount secured for Amarenco's photovoltaic projects.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Amarenco | Target Company | Company | An independent producer of photovoltaic energy in Europe, set to develop 500 new solar projects in France. |
| Caisse d'Epargne CEPAC | Financing Co-Arranger | Company | A financial institution participating in the co-arrangement of the financing deal. |
| BPCE Lease Energeco | Financing Co-Arranger | Company | A bank part of BPCE group, co-arranging the €188M financing. |
| Bpifrance | Financing Co-Arranger | Company | France's public investment bank, participating in the co-arrangement of the financing deal. |
| Bryan Cave Leighton Paisner LLP (BCLP) | Legal Advisor | Company | A law firm advising banks on the financing deal for Amarenco's solar projects. |
| Cyrille Rumen | Partner | Person | A partner at BCLP leading the team handling the financing aspects of the transaction. |
| Claire Poirot | Associate | Person | An associate at BCLP involved in the financing aspects of the transaction. |