Actis has signed definitive transaction documents for the acquisition of a controlling stake in Yellow Door Energy, a distributed Commercial & Industrial (C&I) solar platform in the Middle East and Africa (MEA) with about 200 megawatts of secured production capacity.
Energy supply in the Middle East is heavily dependent on fossil fuels, however, YDE offers customers a power supply that is more economical and sustainable than the grid. The company has one of the few operating C&I portfolios of scale in the region, with 106 megawatts in operation and 104 megawatts awarded and under construction. The company has key existing relationships with a large customer base of more than 50 companies, including sought-after, blue-chip businesses such as Nestlé, Majid Al Futtaim, DHL, Mondelēz International and Unilever Global. Actis plans to apply its successful buy-and-build power strategy to scale the business and accelerate growth.
“We’re delighted to be contri
