Actis To Acquire Controlling Stake in UAE’s Yellow Door Energy

Source(s): Actis

Actis, through its USD6b Energy 5 Fund, agreed to acquire a controlling stake in Yellow Door Energy, a UAE-based commercial and industrial solar platform, for an undisclosed amount. The IFC led a USD65m investment in Yellow Door Energy in 2019 with participation from Equinor, Arab Petroleum Investments Corporation, Mitsui and Adenium Energy Capital. Read more