I Squared Capital has launched Radiant Energy Solutions, marking the firm’s entry into the Middle East distributed renewables market.
Radiant’s strategy is anchored in the rapidly growing demand for distributed energy solutions across the Gulf Cooperation Council (GCC), driven by policy tailwinds, rising power consumption, and the increasing focus of commercial and industrial customers on cost savings and sustainability. The platform is designed to scale organically and through acquisitions, offering solar, storage and other energy-transition technologies tailored to regional market needs.
Radiant, which will provide decarbonization solutions to commercial and industrial customers, already has secured an anchor investment with the acquisition of FAS Renewables and its 100 percent owned subsidiary Zahra Energy, a Saudi Arabia–based distributed solar company with a portfolio of more than 100 megawatts peak of distributed solar projects.
“The Middle East is
