De Gaulle Fleurance & Associés (Sylvie Perrin, Nicolas Chazarain, Gaia Witz and Rachida Loumadine) advises Amarenco in all their purchase and sale transactions, as well as projects financing, of renewable energy projects located in France.
Set up in Ireland in 2013 by an experienced energy executive team with the objective to invest in solar infrastructures on a global scale, Amarenco has successfully completed 150 million euros of solar investment in France itself over a very diversified portfolio of assets: 7 ground mounted assets (mainly on single axis trackers, including one plant using CPV technology), more than 100 barns and more than 200 greenhouses. It is about to close the acquisition of another portfolio of 3 ground mounted assets worth 50 million Euros of value and the development financing of 200 barns.
Amarenco’s attractiveness to developers and owners of operational assets results from a combination of transaction execution speed, commitment to close once a LOI is signed by both parties (100% conversion rate) and debt market access. Amarenco shall continue to invest actively in France as one of its strategic markets, not only in ground mounted assets, greenhouses and barns, but also in energy storage based solar infrastructures and rooftop portfolios.
Given its target of 500 million euros worth of further investments in 2017 in France itself, Amarenco is now also providing development capital to local development company in order to secure significant pipeline and deploy long term capital.
De Gaulle Fleurance & Associés has a strong Energy practice, including in: structuring, negotiating and drafting bank finance deals involving energy infrastructures (solar, wind, hydro and biomass), legal audits of projects, public incentive funds, infrastructure construction contracts, power plants acquisitions, utility concession and design of regulated organisational structures for energy utilities. De Gaulle Fleurance & Associés’ Energy practice appears every year in all major international rankings, including Legal500.
