Funding and M&A Roundup: Solar Developer Amarenco Raises $321 Million
Electriq Power secures over $300 million in financing
March 23, 2023
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Amarenco, an independent power producer, secured €300 million (~$321 million) in funding. The funding round was led by Arjun Infrastructure Partners, a European asset manager, and the deal includes an option to acquire a minority stake in Amarenco as part of the deal. The round also saw participation from Crédit Agricole Group and Tikehau Capital. The new funding round will enable Amarenco to pursue its ambitious development goals over the coming years.
