Announced
Financials
Sources
Tags
Cross Border
Single Bidder
Friendly
Acquisition
Majority
Renewable Energy Equipment
bioenergy
Private
United Arab Emirates
renewable energy
Pending
Private Equity
Synopsis
Actis, a private equity firm, agreed to acquire Yellow Door Energy, a UAE-based leading solar developer. Financial terms were disclosed. "We’re delighted to be contributing to the Middle East and Africa region’s transition away from fossil fuels by deploying new solar PV technology, presenting an exciting opportunity to scale the business, and where we see a clear opportunity and large addressable market," Lucy Heintz, Actis Partner and Head of Energy Infrastructure.
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