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Actis to acquire controlling stake in Yellow Door Energy

Actis is to acquire a controlling stake in Yellow Door Energy Limited (YDE), a distributed Commercial & Industrial (C&I) solar platform in the Middle East and Africa (MEA) region with around 200MW of secured production capacity.

Actis is to acquire a controlling stake in Yellow Door Energy Limited (YDE), a distributed Commercial & Industrial (C&I) solar platform in the Middle East and Africa (MEA) region with around 200MW of secured production capacity.

Closing of the transaction remains subject to obtaining the relevant regulatory approvals.

The transaction will be funded through Actis’ Energy 5 Fund, the infrastructure investor’s’ latest energy fund with $6 billion of investable capital to accelerate the energy transition globally. Actis will apply its successful buy-and-build power strategy to scale the business and accelerate growth. The team has invested in over 70 renewable energy projects to date, generating approximately 11GW of renewable energy globally.

YDE has one of few operating C&I portfolios of scale in the region with 106MW in operation and 104MW awarded and under construction. The company has key existing relationships with a large customer base of over 50 companies, including sought after blue-chip businesses such as Nestlé, Majid Al Futtaim, DHL, Mondelēz and Unilever.

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